Question: PLEASE ANSWER THE TWO QUESTIONS ASAP Scenario : Pretend that you and three friends run a small landscaping business. You are currently structured as a

PLEASE ANSWER THE TWO QUESTIONS ASAP

Scenario: Pretend that you and three friends run a small landscaping business. You are currently structured as a general partnership and want to expand your business so that you can attract and serve new clients. You also need to purchase additional equipment to provide your services and would like to hire a part-time accountant. You recognize that you need to increase capital in order to expand; you also recognize that you may need to change your business ownership structure.

Questions:

Compare and contrast your options of raising capital as a general partnership vs. a corporation; in essence, discuss how owners raise the capital needed to expand under each structure.
Explain how organizations use accounting and financial information to make decisions.

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