Briefly compare 3 types of business entities with each other in terms of their legal classification. Briefly compare each of the 3 types of business entities with each other in terms of their tax classification. Research a popular company online, such as Walmart or Google, and identify the type of its business entity. Briefly explain why you think they have chosen the business entity for their business.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Briefly compare 3 types of business entities with each other in terms of their legal
classification. Briefly compare each of the 3 types of business entities with each other in terms
of their tax classification. Research a popular company online, such as Walmart or Google, and
identify the type of its business entity. Briefly explain why you think they have chosen the
business entity for their business.
Transcribed Image Text:Briefly compare 3 types of business entities with each other in terms of their legal classification. Briefly compare each of the 3 types of business entities with each other in terms of their tax classification. Research a popular company online, such as Walmart or Google, and identify the type of its business entity. Briefly explain why you think they have chosen the business entity for their business.
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