+ Choose one nature of organization (SINGLE PROPRIETOR, PARTNERSHIP,CORPORATION)+ Based on your choice you need to cite the following+ Advantages: If your chosen nature of organization in terms of1. Formation2. Tax benefits3. Decision makingDisadvantages: If your chosen nature of organization in terms of1. Liability2. Taxes3. Lack of "continuity"4. Difficulty in raising capital

In the above question , we are having three nature of organization and I choose partnership for…

Answered: - Choose one nature of organization…

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter1: The Role And Objective Of Financial Management

Section: Chapter Questions

Problem 18QTD

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Explain Advantages vs Proprietorship1. Brings greater financial capability to thebusiness.2. Combine special skills, expertise, andexperience to the partners.3. Offers relative freedom and flexibility ofaction in decision-making.Advantages vs Corporation11. Easier and less expensive to organize2. More personal and informalDisadvantages1. Easily dissolved and thus unstable comparedto a corporation.2. Mutual agency and unlimited liability maycreate personal obligations to partners.3. Less effective than a corporation in raisinglarge amounts of capital
1 If an individual forms a sole proprietorship, which nontax factor will be of greatest benefit to the sole proprietor? Group of answer choices Ease of startup Speed of raising capital Protects owners from liability of business All of the above
Question based on the picture attached. (a) Explain any three (3) differences between maximising profits and maximising shareholders’ wealth. Justify which one should be the goal of a company. (b) Explain any three (3) costs and benefits of partnerships/proprietorships as compared to corporation. Give your opinion which type of organizational structure is preferable.
which one is correct please confirm? QUESTION 2 Dividend policy can affect the value of the firm for which of the following reasons? a. Personal taxes b. Flotation costs c. Shareholder transaction costs d. All of these are correct
Which type of business will most likely have problems with insufficient funds for business? A)Partnerships B)LLCs C)Corporations D)Sole proprietorship
Which sentence is not true? Select one: a. In Partnership, the ownership divided into shares of stock. b. Profit or loss has an effect on the owner's equity. c. Companies usually prepare 4 financial statements. d. Assets are resources for providing future services or benefits.
Which form of business organization is characterized by having the shortest start-up time and lowest legal costs? Select one: a. partnership b. S-corporation c. proprietorship d. corporation
Question: Define and discuss each of the following by providing at least 2 practical examples: Limited Partnership; Limited Liability partnership; Professional corporation? A friend asked you to reveal important financial information of the company, being a finance manager of the company what would you do? Justify by considering ethics in finance. Describe mechanisms that motivate managers to act in stockholders’ best interests, and to overcome agency problem?
Question 1: Define and discuss each of the following by providing at least 2 practical examples: a) Limited Partnership; Limited Liability partnership; Professional corporation? b) A friend asked you to reveal important financial information of the company,being a finance manager of the company what would you do? Justify by considering ethics in finance. c) Describemechanisms that motivate managers to act in stockholders’ best interests, and to overcome agency problem?
FINANCING DECISIONS What are the advantages of Internal Financing and give an example of Internal Financing at least 2 for Sole Proprietorship, 2 for Partnership and 2 for Corporation)? How does depreciation gives tax benefit?
FINANCING DECISIONS What are the advantages and examples of Internal Financing (at least 2 for Sole Proprietorship, Partnership and Corporation)? How does depreciation gives tax benefit?
Define and discuss each of the following by providing at least 2 practical examples: 1. Limited Partnership; Limited Liability partnership; Professional corporation? 2. A friend asked you to reveal important financial information of the company, being a finance manager of the company what would you do? Justify by considering ethics in finance. 3. Describe mechanisms that motivate managers to act in stockholders’ best interests, and to overcome agency problem?

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