Provide an overview of three types of ownership structures

Assignment Help Accounting Basics
Reference no: EM132733613

Question - Your sister is getting a redundancy package and is planning to start her own business. She expects that you and your mother would help with the business operations. As you are studying accounting she is expecting your advice on different ownership structures available to her.

[1] Provide an overview of 3 types of ownership structures available to your sister.

[2] Explain to your sister how each ownership structure identified in [1] may affect the following:-

- the amount of tax to be paid

- personal liability

[3] Which ownership structure would you recommend to your sister? Explain your reasoning.

Reference no: EM132733613

Questions Cloud

How do you control the growth of microbes : How do you control the growth of microbes? Include in your discussion the cellular targets and the applicability of that control.
Determine fixed overhead static-budget variance for april : Determine the fixed overhead static-budget variance for April. Determine the fixed overhead rate for 2019 based on direct labour-hours.
Explain the differing roles of nursing leaders : Explain the differing roles of nursing leaders and nursing managers in this instance and discuss the different approaches they take to address the selected.
How useful are microorganisms in the environment : How useful are microorganisms in the environment, food and industry? Discuss with examples.
Provide an overview of three types of ownership structures : Your sister is getting a redundancy package and is planning to start her own business. Provide an overview of three types of ownership structures
What journal entry should zuo record to adjust : What journal entry should Zuo record to adjust? Estimate the appropriate 12/31/2021 balance for Zuo's allowance for uncollectible accounts.
Cultures of microorganisms from clinical sputum sample : You have isolated pure cultures of microorganisms from a clinical sputum sample. To get an initial idea of the types of microorganisms you isolated
Describe the medical practice problem : Describe the difference between a nursing practice problem and a medical practice problem. Provide one example of each. Discuss why is it important to ensure.
What are some possible explanations for the complaints : What are some possible explanations for the complaints, and what actions might the manager contemplate

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd