What are the three principal forms of business organization? What are the advantages and disadvantages of each?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 37% (8 reviews)
Sole proprietorship partnership and corporation are the three principal forms of b...View the full answer
Answered By
Shehar bano
I have collective experience of more than 7 years in education. my area of specialization includes economics, business, marketing and accounting. During my study period I remained engaged with a business school as a visiting faculty member and did a lot of business research. I am also tutoring and mentoring number of international students and professionals online for the last 7 years.
5.00+
4+ Reviews
10+ Question Solved
Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1439078082
4th Edition
Authors: Michael C. Ehrhardt, Eugene F. Brigham
Question Posted:
Students also viewed these Corporate Finance questions
-
What are the three basic forms of business organization discussed in this chapter?
-
What are the three principal components in automatic identification technologies?
-
What are the three principal characteristics of musical tones?
-
A particle is described by the normalized wave function (x, y, z) = Axe-ax2 e -y2 e-yz2', where A, a, , and are all real, positive constants. The probability that the particle will be found in the...
-
On June 30, 2018, Georgia-Atlantic, Inc. leased warehouse equipment from IC Leasing Corporation. The lease agreement calls for Georgia-Atlantic to make semiannual lease payments of $562,907 over a...
-
A high unemployment rate tells us a large percentage of the labour force is unemployed, but it doesnt tell us why the unemployment rate is high. What measure of unemployment tells us if (i) people...
-
9. ETHICS The chapter refers in several places to the contentious issue of subcontracting. Make an argument for management in favor of a company's ethical right to subcontract, and one for unions in...
-
Preston Village engaged in the following transactions: 1. It issued $ 20 million in bonds to purchase a new municipal ofce building. The proceeds were recorded in a capital projects fund. 2. It...
-
17-36 Weighted-average method. Hoffman Company manufactures car seats in its Boise plant. Each car seat passes through the assembly department and the testing department. This problem focuses on the...
-
This comprehensive review problem requires you to complete the accounting cycle for Sherman Realty twice. This practice set allows you to review Chapters 1-5 while reinforcing the relationships...
-
Define each of the following terms: a. Proprietorship; partnership; corporation b. Limited partnership; limited liability partnership; Professional Corporation c. Stockholder wealth maximization d....
-
What is a firms fundamental, or intrinsic, value? What might cause a firms intrinsic value to be different than its actual market value?
-
Estimate the collision mean free path of the air molecules around you. Hence verify the estimate for the kinematic viscosity of air given in Table 13.2. TABLE 13.2: Approximate kinematic viscosity...
-
The inventory for Target over last three years was 403 in 2022, (3249) in 2021, and (1661) in 2020 (United States Securities and Exchange Commission, 2023). Inventory uses LIFO method, states...
-
1. If a slender bar rotates about end A, its angular momentum with respect to A is A) (1/12) m 1 o B) (1/6) m 1 o C) (1/3) m 1 o D) m 1 w 2. As in the principle of work and energy, if a force does no...
-
(a) Discuss how differences in inflation rate and interest rate between Malaysia and Australia will influence the exchange rate. (7 Marks) (b) Discuss the condition for interest rate parity to exist...
-
Many credit cards charge 18%-24% annual interest. Do you think this is fair? Do you think this is a justifiable rate? Should rates be lower for certain age groups or individuals or for different...
-
Crane Manufacturing Co.'s static budget at 13,300 units of production includes $83,790 for direct labor and $17,290 for direct materials. Total fixed costs are $49,300. Determine the total costs on...
-
The flow in the impeller of a centrifugal pump is modeled by the superposition of a source and a free vortex. The impeller has an outer diameter of \(0.5 \mathrm{~m}\) and an inner diameter of \(0.3...
-
Compare and contrast debt financing and equity financing as ways of starting a new business. Does one have an overall advantage over the other? What situation is more favorable to the use of debt...
-
Indicate two things you would look for in their 13 C NMR spectra to distinguish between 1,1-dichlorocyclohexane and cis-1,2-dichlorocyclohexane.
-
The current price of a stock is $15. In 6 months, the price will be either $18 or $13. The annual risk-free rate is 6 percent. Find the price of a call option on the stock that has an exercise price...
-
The current price of a stock is $33, and the annual risk-free rate is 6 percent. A call option with an exercise price of $32 and 1 year until expiration has a current value of $6.56. What is the...
-
Define each of the following terms: a. Weighted average cost of capital, WACC; after-tax cost of debt, rd (1 = T) b. Cost of preferred stock, rps; cost of common equity or cost of common stock, rs c....
-
Analyze the balance sheet for PQR Corp. as of December 31, 2023, to evaluate its operational efficiency and profitability. PQR Corp. Balance Sheet As of December 31, 2023 Assets Current Assets Cash...
-
Multiple Select Question Select all that apply A property dividend (Select all that apply.) Multiple select question. reduces retained earnings. is a noncash distribution to owners. is the issuance...
-
In your initial postings, please review and address the following points: Describe the information value chain. Based on a real-world company (past, current, or future employer), explain how the...
Study smarter with the SolutionInn App