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Eddy has the world's best recipes for Chili and Hot Dogs, and at the urging of family and friends, is finally opening his restaurant, "Fast Eddy's". He has ample personal resources from his substantial fortune earned as a stock trader, so finances are not a concern. He does, however, have limited experience as a business operator and has many decisions to make. The first is what form of ownership he should employ.
Question 1: Given the fact that he will be opening a restaurant and knowing a little about his personal situation and the different forms, you read about, what legal form of ownership would you recommend he use? Please give your rationale for your recommendation, including any possible downsides to the form.
Financial Statement Analysis and Preparation
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Computation of Free Cash Flow
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