After considering Manuel's advice, Rachel and her partners decide to name their business Boca Animation (after...
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After considering Manuel's advice, Rachel and her partners decide to name their business Boca Animation (after their collective hometown of Boca Raton, Florida). A board of directors is appointed that includes Rachel, her partners, and the company's four investors: Rachel's mother and father, the trio's graphic design professor, and the president of a regional animation guild. Because Boca Animation has only seven stakeholders, the board of directors decides that it is best to organize as an S corp. Their next job will be to assemble articles of incorporation. Manuel goes over this process with Rachel. 1. What information will Rachel need for her corporation in order to file these articles? 2. Rachel will now need to take care of state requirements. Boca Animation will be incorporating in Florida, where the business will be located. What will Rachel need to do? After considering Manuel's advice, Rachel and her partners decide to name their business Boca Animation (after their collective hometown of Boca Raton, Florida). A board of directors is appointed that includes Rachel, her partners, and the company's four investors: Rachel's mother and father, the trio's graphic design professor, and the president of a regional animation guild. Because Boca Animation has only seven stakeholders, the board of directors decides that it is best to organize as an S corp. Their next job will be to assemble articles of incorporation. Manuel goes over this process with Rachel. 1. What information will Rachel need for her corporation in order to file these articles? 2. Rachel will now need to take care of state requirements. Boca Animation will be incorporating in Florida, where the business will be located. What will Rachel need to do?
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1 To file the articles of incorporation for Boca Animation Rachel will need the following information a The proposed name of the corporation Boca Anim... View the full answer
Related Book For
Financial Accounting
ISBN: 978-1259914898
5th edition
Authors: David Spiceland, Wayne M. Thomas, Don Herrmann
Posted Date:
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