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Stephanie and Suzanne are sisters who want to start a swimming lessons camp. They both have considerable experience working with children, and both were on the USA Olympics swim team. Their parents Mr. and Mrs. Lancing want to help their daughters by investing $100,000 into the business, however, they do not want any involvement in the day to day operations of the business. The sisters have spoken to an insurance agent about getting insurance to cover the potential liabilities of the business, but they were told that they can't get insurance to cover this type of high-risk business (because of the potential for personal injury). They come to your firm seeking advice about forming their business; they are particularly concerned about their potential liabilities, especially to any children that may be hurt by drowning, allergies to water, etc. What business form(s) would you recommend to your supervising attorney for this business? Why? What are the advantages and disadvantages of this business form? Explain what protections this business form would offer them from potential liabilities. Finally, what role, if any, would the parents and their investment have in the business.
Compare forecasts using a three-period moving average, exponential smoothing with a 0.2, and linear regression. Using MADand MSE, which forecasting model is best?
If you are the consultant for the company, would you advise the firm to produce or shut down? Briefly explain your decision.
Writing skills problem. At fiscal year-end December 31, 2012, Shop World had the following assets and liabilities on its balance sheet (in millions):
Answer questions about the case "Frank Davis Comes to Madagascar":
Identify 3-5 rewards and recognitions organizations use to motivate employees.
What is your opportunity cost of making a cake? What is Kelly's opportunity cost of making a cake?
Please calculate the market's required return on each stock. Why is E[YMI] > E[MMC] when SD(MMC) > SD(YMI)?
Critically analyze and evaluate a current prominent business leader (please select a leader most would recognize).
Discuss strategies for presenting statistical data in written reports?
What was the maturity value of the note? What was the amount Theodore payed for the note?
Create appropriate range names for Total Production Cost (cell B18) and Gross Profit (cell B21) by selection, using the values in the left column. Please explain in detail.
Discuss how to make a venture team work effectively and constructing a solid external Advisory Board.
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