+ Choose one nature of organization (SINGLE PROPRIETOR, PARTNERSHIP,CORPORATION)+ Based on your choice you need to cite the following+ Advantages: If your chosen nature of organization in terms of1. Formation2. Tax benefits3. Decision makingDisadvantages: If your chosen nature of organization in terms of1. Liability2. Taxes3. Lack of "continuity"4. Difficulty in raising capital

In the above question , we are having three nature of organization and I choose partnership for…

Answered: - Choose one nature of organization…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

The capital allocation process involves the transfer of capital among different entities that include individuals, small businesses, banks, financial intermediaries, companies, mutual funds, and other market participants. In a developed market economy, capital flows freely between entities that want to supply capital to those who want it. This flow of capital can be classified in three ways. In the table below, identify the nature of capital transfer given in the scenario with its appropriate classification: Scenario: Steve's grandfather loans him $30,000 to start a small coffee shop in the East Village in Manhattan. Elliot invests $25,000 by purchasing 1,000 shares of an emerging markets mutual fund. This mutual fund invests in companies in Brazil, India, and China. He bought the mutual fund from the mutual fund company. A small startup firm has each of the partners contribute $50,000 in capital to help the company make payroll for the next three months. Israel launched a 10-year…
Owner's economic welfare can be maximized with the Select one: O a. None of the options O b. Decease of shareholders wealth O c. Shareholders wealth minimization O d. Balance of shareholders wealth O e. Shareholders wealth maximization
Concept and Measurement of Financial Leverage. Define financial leverage. Explain how financial leverage works to the benefit of the common shareholders. Please, don't copy the answer from the book, explain with your words.
Which type of business will most likely have problems with insufficient funds for business? O Sole proprietorship Partnerships Corporations O LLCS
Which type of business organization requires huge amount of capital? a. Joint venture b. Corporation c. Sole trader d. Partnership
Based on your understanding, differentiate the return earned between common shareholder and preferred shareholder.
Explain any three (3) differences between maximising profits and maximisingshareholders’ wealth. Justify which one should be the goal of a company
Determine if sole proprietorship, partnership, or corporation. Select all that is applicable between the three forms of business. • greater access to financial resources difficult to liquidate or terminate • separate management from ownership
answer these question
Can the retiring strategy of a firm jeopardize its profitability? Explain and provide examples of corpora (if any) where this has happened. Please help me answer this question. I'll upvote for you. Thanks in advance.
How do you define working capital? What may happen if an organization neglected to manage its working capital? What techniques do you recommend for your organization? Why?
“Wealth maximization is considered the most important and the most suitable objective of the business entity than the profit maximization. Discuss with appropriate practical examples

SEE MORE QUESTIONS

Recommended textbooks for you

FINANCIAL ACCOUNTING

Accounting

ISBN:

9781259964947

Author:

Libby

Publisher:

MCG

Accounting

ISBN:

9781337272094

Author:

WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.

Publisher:

Cengage Learning,

Accounting Information Systems

Accounting

ISBN:

9781337619202

Author:

Hall, James A.

Publisher:

Cengage Learning,

FINANCIAL ACCOUNTING

Accounting

ISBN:

9781259964947

Author:

Libby

Publisher:

MCG

Accounting

ISBN:

9781337272094

Author:

WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.

Publisher:

Cengage Learning,

Accounting Information Systems

Accounting

ISBN:

9781337619202

Author:

Hall, James A.

Publisher:

Cengage Learning,

Horngren's Cost Accounting: A Managerial Emphasis…

Accounting

ISBN:

9780134475585

Author:

Srikant M. Datar, Madhav V. Rajan

Publisher:

PEARSON

Intermediate Accounting

Accounting

ISBN:

9781259722660

Author:

J. David Spiceland, Mark W. Nelson, Wayne M Thomas

Publisher:

McGraw-Hill Education

Financial and Managerial Accounting

Accounting

ISBN:

9781259726705

Author:

John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS