DQ# 7: What are the pros and cons of a corporate form of business? Have you ever worked for a
corporation? Owned stock in a corporation? What are the advantages and disadvantages of working in a
Answer: Pros: From a legal point of v
The difference between common and preferred stock
Common and preferred stock are different in two aspects. The first key aspect is that
preferred stockholders have greater claim to a companys earnings and assets. This is true
during the good times when th
Two common types of receivables are Account Receivable and notes receivable.
Accounts receivable is the amount that is to be collected from customers for sales on credit.
Notes receivable is like a promissory note and is more formal than accounts receivab
Phase 2 Discussion Board
Estimated & Contingent Liabilities:
Estimated liabilities are the liabilities that are required to be paid because they goods or services
have been delivered like electricity or lawn service.
Phase 5 Discussion Board
What is the interrelationship of the cash flow statement to the other financial statements?
Financial Statements reflect the effects of business transactions and events on the entity. The
Phase 4 Discussion Board
The difference between common and preferred stock is very noticeable. While, both of
these stocks hold some amount of ownership in a company. With common stock anyone who
owns or holds a share
Phase 3 Discussion Board
Debt and equity financing in my opinion are different in the ways they are financed.
Debt financing is defined as Debt financing involves borrowing money, typically in the form of
a loan from
College Fundraiser Project
Unit 5 DB
June 15, 2016
To get a true idea of how a company is doing financially you must look at a
few things. You will want to look at the income statement, balance sheet, and the
cash flow statement. These are all interconnecte
Unit 4 DB
June 7, 2016
There are primarily two types of stocks issued by companies. Common stock
is a voting stock, this means that for every share purchased by an owner it allows
them to vote at the companys annual meeting. At th
Discussion board 5
There are many different financial statement types on a balance sheet. These statements are as
follows: income statement, balance sheet and the cash flow statement. An income statement is one if
not the main financial statement; it repo