I have two entrepreneurial finance questions I need answered. They can be answered in as little as 5 sentences if adequate.

1. The legal form of a business is one of the most important ways that entrepreneurs can manage their risk. What are the key differences between C-Corporations and SCorporations, and what tax advantages does an S-Corporation offer entrepreneurs that are unavailable through C-Corporations? 2. Which ratios and measures of financial performance are used at each life cycle phase (through the rapid-growth stage)