Assignment In this lesson, you learned about the three legal forms of business ownership: sole proprietorships, partnerships, and corporations. You also learned about alternative types of business ownership including franchises, nonprofit organizations, and cooperatives. All of these business forms have their own sets of rules, risks, and obligations.

Explain the advantages and disadvantages for each type of business ownership listed above. Then, choose the type of business ownership that you personally would feel most comfortable participating in. Explain your choice.

Assignment Guidelines:

Your response should include the advantages and disadvantages to the six types of business ownership listed, along with your choice and explanation. Your response should be approximately one and a half pages long, double-spaced, 12 point Times New Roman font.

Submission Requirements:

Submit a Word document containing your response to the assignment.

When submitting written assignments, please remember to:

Submit the assignment question(s) and your responses.
Proofread for spelling, grammar, and punctuation.
Remember to use complete sentence structure.
Make sure paragraphs have at least six sentences.

Stephen barrett, md previous writing experience ?

Instructions: use the following information to construct the 2000 balance sheet and income statement for carolina business machines. round all numbers to the nearest whole dollar. all numbers are in thousands of dollars. be sure to read the whole problem before you jump in and get started. at the end of 1999 the firm had $43,000 in gross fixed assets. in 2000 they purchased an additional $14,000 of fixed asset equipment. accumulated depreciation at the end of 1999 was $21,000. the depreciation expense in 2000 is $4,620. at the end of 2000 the firm had $3,000 in cash and $3,000 in accounts payable. in 2000 the firm extended a total of $9,000 in credit to a number of their customers in the form of accounts receivable. the firm generated $60,000 in sales revenue in 2000. their cost of goods sold was 60 percent of sales. they also incurred salaries and wages expense of $10,000. to date the firm has $1,000 in accrued salaries and wages. they borrowed $10,000 from their local bank to finance the $15,000 in inventory they now have on hand. the firm also has $7,120 invested in marketable securities. the firm currently has $20,000 in long-term debt outstanding and paid $2,000 in interest on their outstanding debt. over the firm's life, shareholders have put up $30,000. eighty percent of the shareholder's funds are in the form of retained earnings. the par value per share of carolina business machines stock is

If consumers start to believe they need a product, what is likely to happen? a. the demand becomes less elastic. b. the demand becomes more elastic. c. the supply decreases. d. the price decreases.