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Discussion 1
"Joint Ventures and Partnerships" Please respond to the following:
From the e-Activity, determine a significant factor that contributed to one joint venture's success and the other joint venture's failure. Suggest the most critical element that should be included in a joint venture agreement to ensure success.
Imagine you are consulting with three medical doctors who are considering starting either a general partnership or a limited partnership. Suggest the most compelling reasons why the doctors should create a limited partnership rather than a general partnership. Recommend the best approach for the partnership to allocate income or loss. Provide support for your recommendation.
Discussion 2
"Partnership Liquidation Process and Partnership Incorporation" Please respond to the following:
Financial Statement Analysis and Preparation
Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?
An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.
Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.
This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited
Prepare general journal entries for Goela Ltd
Prepare the journal entry to record the acquisition of the assets.
Prepare general journal entries to record the transactions, assuming use of the periodic inventory system
Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.
Explain the IASB Conceptual Framework's perspective of users and their decisions.
T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
Computation of Free Cash Flow
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