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A client comes to you thinking about starting a consulting business. Your client is specifically interested in what type of entity should be created for this new business. Based on your readings or any additional research you may have done, discuss the advantages and disadvantages of the following: sole proprietorship, partnership, and corporation. Based on these advantages and disadvantages provide a clear recommendation to your client.
Thrifty Co. reported net income of $465,000 for its fiscal year ended January 31, 2011. At the beginning of that fiscal year, 200,000 shares of common stock were outstanding.
Analysis of the assets and liabilities of Marie Corp. on December 31, 2011, disclosed assets with a tax basis of $1,000,000 and a book basis of $1,300,000. There was no difference in the liability basis. The difference in asset basis arose from te..
mcdaniel company manufactures 100-pound bags of fertilizer that have the following unit standard costs for direct
brewer company is considering purchasing a machine that would cost 451260 and have a useful life of 6 years. the
prepare an 8- to 10-slide microsoftreg powerpointreg presentation for the newly elected board members using the same
What amount of the Social Security benefits must George and Weezy
Based on your analysis, what does this tell you of Landry's financial performance (consider the changes between years)?
Under a perpetual inventory system, record all of the journal entries required for the above transactions
wads county maintains an investment pool in which it invests funds both for wads county and for all legally separate
Kim owns a chinese restaurant. The business's fixed assets include some kitchen equipment. Prepare the disposal account recording the profit orloss on the sale of the kitchen equipment.
a company has bonds outstanding with a par value of 100000. the unamortized discount on these bonds is 4500. the
pet mart wholesale inc. a pet wholesale supplier was organized on march 1 2012. projected sales for each of the first
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