Question: QI D. (20 Marks) 1. Please provide proper explanation why a firm needs to plan for long term investments, Long term Financing and every day

QI D. (20 Marks) 1. Please provide proper explanation why a

QI D. (20 Marks) 1. Please provide proper explanation why a firm needs to plan for long term investments, Long term Financing and every day Financial activities of Business and how do they do that? Please provide examples of such activities. (10 Marks) 2. Please see the following table Sole Proprietorship Partnership Corporation Who owns the business? Are Managers and Owners separate? What is the owners Liability? Are the owners and business taxed separately? Provide explanation for your answers. (10 Marks)

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