FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
Many students talk in their Autobiography about wanting to someday start a small business. Use the course text to gather information and understanding on how to answer this question. Assume that you are starting the business of your choice as a corporation with 3 friends as equal shareholders.
Tell us the type of business?
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- Careerarrow_forwardIn each case below, I have given a goal that a business might have. What you need to do is to indicate for each whether the goal can better be achieved if the business is organized as a sole proprietorship or as a corporation and why. goal: to organize and start up the business easily and quickly goal: to protect owner's personal assets from lawsuits against the business goal: to raise large amount of capital for expansionarrow_forwardare granted to entrepreneurs and aspiring entrepreneurs to help them start or expand a business.arrow_forward
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