Quality Environmental, Inc., needs funds, and Martha Beard, the president, has asked you to consider investing in
Question:
Quality Environmental, Inc., needs funds, and Martha Beard, the president, has asked you to consider investing in the business. Answer the following questions about the different ways that Beard might organize the business. Explain each answer.
a. What forms of organization will enable the owners of Quality Environmental to limit their risk of loss to the amounts they have invested in the business?
b. What form of business organization will give Beard the most freedom to manage the business as she wishes?
c. What form of organization will give creditors the maximum protection in the event that Quality Environmental fails and cannot pay its debts?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
a Quality Environmental may limit their risk of loss to the amounts they have ...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
65+ Reviews
86+ Question Solved
Related Book For 
Financial Accounting
ISBN: 978-0135012840
7th edition
Authors: Walter T. Harrison, Charles T. Horngren
Question Posted:
