ACC 225 Week 1 Exercises Accounting and Business Organizations
1.Shareholders (investors), who seek answers to questions such as:
a.Are resources owned by a business adequate to carry out plans?
b.Are the debts owed excessive in amount?
2.Creditors, who seek answers for questions such as:
a.Does the business have the ability to repay its debts?
b.Can the business take on additional debt?
3.Employees, who seek answers to questions such as:
a.Is the business financially stable?
b.Can the business afford to pay higher salaries?
Excerpt from file: ACC 225 Week 1 Exercises Accounting and Business Organizations Exercises 1-1 a. b. c. d. e. f. g. Corporation Sole proprietorship Corporation Partnership Sole proprietorship Sole proprietorship Corporation Exercise 1-4 1. Shareholders (investors), who seek answers to questions such as: a. Are
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