For your initial post, please include the following information:

Imagine you have $$1,000$ to invest. What are the benefits and drawbacks of investing in a corporation?

Select one $($or more$)$ of the prompts below and please respond:

Explain the difference between authorized, issued, and outstanding stock. Next, explain the difference between common stock and preferred stock.

Assume a company received $$100,000$ cash in exchange for $10,000$ common stock with a par value of $$1.$ Prepare the journal entry to record this business transaction.

What is financial leverage? What is the relationship between the debt$-$to$-$equity ratio and financial leverage? Is a company with a high debt$-$to$-$equity ratio more or less risky than a company with a low ratio?

For your initial post, please answer Question $1$ above and at least one prompt from Question $2.$