Finance Week 1 Homework

Fi515 Week 1 training Assume that you recently gradual and become however account to work as an setment advisor at the securities unattackable immobile of Balik and Kiefer Inc. One of the firms clients is Michelle DellaTorre, a maestro tennis player who has mediocre come to the United States from Chile. DellaTorre is a highly ranked tennis player who would care to fix a company to astound and market apparel she designs. She as well as expects to invest substantial amounts of coin through Balik and Kiefer. Mini Case DellaTorre is very bright, and she would like to understand in ordinary terms what will retrieve to her m championy. Your boss has score the following set of questions you must(prenominal) answer to ex- plain the U.S. financial system to DellaTorre. a. Why is somatic finance important to al one(a)(predicate) managers? b. Describe the organizational forms a company might see as it evolves from a start-up to a major corporation. List the advantages and disadvantages of individually form. Answer: Many companies set down as a ownership, which is an unin somaticd business owned by one individual. Starting a business as a owner is easyone merely begins business operations after obtaining any essential city or assert business licenses.

The proprietorship has deuce-ace important advantages: (1) it is easily and chintzily formed, (2) it is subject to few politics regulations, and (3) its income is not subject to corporate taxation but is taxed as part of the proprietors personal income. However, the proprietorship in any case has three important limitations: (1) it whitethorn be difficult for a proprietorship to obtain the heavy(p) needed for growth; (2) the proprietor has un restrain personal obligation for the businesss debts, which john result in losings that exceed the money invested in the company (creditors may sluice be able to get hold of a proprietors house or dissolve personal property!); and (3) the career of a proprietorship is expressage to the life of its founder. For these three reasons, sole proprietorships...If you want to get a full essay, order it on our website: Orderessay

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