Aaron grew up on a large farm in Swan Hill. As a university graduation gift, Aaron's...
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Aaron grew up on a large farm in Swan Hill. As a university graduation gift, Aaron's grandfather gave him several hundred acres of land to raise organic soybeans, grain, and corn. Aaron works the fields by himself with the help of his family and five other workers, negotiates deals with buyers, repairs equipment, and handles all the accounting and financial issues for the business, which is called The Green Acres. a) Identify a suitable form of business ownership for Aaron. (1 mark) b) List two advantages and disadvantages of setting up the business on the basis of your recommendation. Aaron grew up on a large farm in Swan Hill. As a university graduation gift, Aaron's grandfather gave him several hundred acres of land to raise organic soybeans, grain, and corn. Aaron works the fields by himself with the help of his family and five other workers, negotiates deals with buyers, repairs equipment, and handles all the accounting and financial issues for the business, which is called The Green Acres. a) Identify a suitable form of business ownership for Aaron. (1 mark) b) List two advantages and disadvantages of setting up the business on the basis of your recommendation.
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Related Book For
Advanced Financial Accounting
ISBN: 978-0078025624
10th edition
Authors: Theodore E. Christensen, David M. Cottrell, Richard E. Baker
Posted Date:
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