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Assume the role of consultant and prepare a brief essay, two paragraphs, for your client that suggests the appropriate business structure for his needs. In doing so, fully explain your reasoning and spell out the pros and cons of the suggested structure. If there is additional information you would need from the entrepreneur, indicate the questions you would ask him.
Green is a talented artist and he creates landscape paintings while working in the open air. Green originally started selling his works at flea markets and small craft fairs.
The popular response encouraged him to create a website and start a mail-order business. He outsources some of the printing responsibilities, and hired someone part time to help him ship out his work to website-based customers. He does not currently own permanent retail space, but he has not ruled it out. What business structure would you recommend to Green? Advise Green of the pros and cons of that structure.
stratford company distributes a lightweight lawn chair that sells for 40 per unit. variable expenses are 20.00 per unit
on january 1 dyer co. acquired as a long-term investment a 20 common stock interest in eason co. dyer paid 700000 for
He also gives the sellers $100,000 of marketable securities that he purchased three years ago for $125,000 and paid a finder's fee of $5,000, legal fees of $6,000, and transfer taxes of $12,000. What is William's acquisition basis for the building..
In an Advertiser's records, a newspaper ad submitted and publisdhed this week with the agreement to pay for it next week would:
sweatshirts inc. makes two types of sweatshirts plain and deluxe. both types of sweatshirts go through two operations
Determine the amount of supplies used and journalize the adjusting entry.
Prepare a statement of cash flows for the year ended 30 June 2017 in accordance with the direct method - evaluate the company's profitability and financial stability by calculating and analysing the relevant ratio(s).
Consider an investment scenario that returns a level stream of four annual payments of $10,000 each (i.e., an annuity). The first payment occurs at the end of the first year, and the subsequent payments occur at the end of each of the next three year..
for many years diehl company has produced a small electrical part that it uses in the production of its standard line
nemani corporation is projecting a cash balance of 41785 in its december 31 2013 balance sheet. nemani schedule of
Arthur Young was criticized for not encouraging Lincoln to invoke the substance-over-form principle when accounting for its large real estate transactions.
Why do you think present value is an important concept for management to understand? Do you think it should be used for all financial statements items, why or why not?
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