Explain form of ownership-aggressive entrepreneurial firm
What is the most appropriate form of ownership for an aggressive entrepreneurial firm? The ownership choices are sole proprietorship, partnership, corporations or limited liability.
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The Collyer Corporation is authorized to issue 100,000 shares of $1 par value common stock. Prepare the journal entry to record the issuance of 100,000 shares of common stock for $10 per share.
Byrd Company produces one product, a putter called GO-Putter. Byrd uses a standard cost system and determines that it should take one hour of direct labor to produce one GO-Putter.
You will demonstrate original thinking about a topic pertaining to changing concepts of learning and human development. This is a unique opportunity to investigate and write about a topic that you care about and find significant for education toda
Assuming that the company uses the perpetual inventory system, determine the ending inventory for the month of May using the LIFO inventory cost method.
During periods of increasing costs, the use of the FIFO method of costing inventory will yield an inventory amount for the balance sheet that is higher than LIFO would produce.
As an intern, you have been asked to write an analysis of advertising and art. Research the terms and give a brief definition of each. Be sure your post addresses these questions: How is advertising a departure from the earlier history of art?
An unlevered firm has a value of $800 million. An otherwise identical but levered firm has $60 million in debt. Assuming the corporate tax rate is 35%, use the MM model with corporate taxes to determine the value of the levered firm.
An unlevered firm has a value of $500 million. An otherwise identical but levered firm has $50 million in debt. Under the MM zero-tax model, what is the value of the levered firm?
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