Business Structure and Financial Statements

User Generated

qoynpx7211

Business Finance

Description

Purpose of Assignment

The purpose of this assignment is to help students gain a better understanding of the importance of the appropriate legal business categories and financial statements as a key management tool for making decisions.

Assignment Steps

Develop a 1,050-word evaluation describing business structure and financial statements, including the following:

  • Identify and describe the legal categories of a business organization contrasting tax-related advantages and disadvantages.
  • Next, using your entrepreneur skills, consider starting your own business. What business structure would you choose and why?
  • Discuss financial statements for the chosen business structure, then explain with specific examples from the University Library, how these would help you make decisions about your business.

Cite a minimum of two peer-reviewed references.

Format your paper consistent with APA guidelines.

Click the Assignment Files tab to submit your assignmen

Unformatted Attachment Preview

1 Title of Paper Student Name Course/Number Due Date Faculty Name Detailed expectations for a 300-499 Level Course (remove this line) 2 Title of Paper Triple click your mouse anywhere in this paragraph to replace this text with your introduction. Often the most important paragraph in the entire essay, the introduction grabs the reader's attention—sometimes a difficult task for academic writing. When writing an introduction, some approaches are best avoided. Avoid starting sentences with “The purpose of this essay is . . .” or “In this essay I will . . .” or any similar flat announcement of your intention or topic. Read more: Center for Writing Excellence>Tutorials and Guides>Essay Development>Guidelines for Writing Academic Essays. Level One Heading Replace the level one heading with the words for your heading. The heading must be in bold font. Headings are a necessary part of helping your audience track the sub-topics discussed in the body of the essay or report. Be sure to indent the first line of each paragraph between five and seven spaces by pressing the Tab key one time on the keyboard. In addition, remember to double space the entire paper using the double space functionality in Word. This template is already formatted for double spacing. Read more: Center for Writing Excellence>Tutorials and Guides>Software Tutorials and Guides>Formatting Tutorial for APA. In addition, keep in mind an academic essay should contain at least five paragraphs, which includes the introduction (introductory paragraph), the body (which is generally at least 3 paragraphs), and the conclusion (generally one paragraph). Most well-developed paragraphs contain at least 3-5 sentences, one of which is the topic sentence. Limit each body paragraph to one sub-topic. 3 Level Two Heading Replace the level two heading with the words for your heading. The heading must be in bold font. Conclusion The closing paragraph is designed to bring the reader to your way of thinking if you are writing a persuasive essay, to understand relationships if you are writing a comparison/contrast essay, or simply to value the information you provide in an informational essay. The closing paragraph summarizes the key points from the supporting paragraphs without introducing any new information. 4 References This is a hanging indent. To keep the hanging indent format, triple click your mouse on this line of text and replace the information with your reference entry. You can use the Reference and Citation Examples (Center for Writing Excellence>Tutorials and Guides>Reference and Citation Examples) to help format your source information into a reference entry. The reference page always begins on the top of the next page after the conclusion. Business Structure and Financial Statements Grading Guide FIN/419 Version 6 Finance for Decision Making Copyright Copyright © 2017, 2016, 2015, 2010 by University of Phoenix. All rights reserved. University of Phoenix® is a registered trademark of Apollo Group, Inc. in the United States and/or other countries. Microsoft®, Windows®, and Windows NT® are registered trademarks of Microsoft Corporation in the United States and/or other countries. All other company and product names are trademarks or registered trademarks of their respective companies. Use of these marks is not intended to imply endorsement, sponsorship, or affiliation. Business Structure and Financial Statements Grading Guide FIN/419 Version 6 Edited in accordance with University of Phoenix® editorial standards and practices. 2 Business Structure and Financial Statements Grading Guide FIN/419 Version 6 Individual Assignment: Business Structure and Financial Statements Purpose of Assignment The purpose of this assignment is to help students gain a better understanding of the importance of the appropriate legal business categories and financial statements as a key management tool for making decisions. Resources Required Grading Guide Content Met Partially Met Not Met Total Available Total Earned 5 #/5 Partially Met Not Met Comments: The student developed a 1,050-word evaluation describing business structure and financial statements The student identified and described the legal categories of a business organization contrasting tax-related advantages and disadvantages. The student used their entrepreneur skills, consider starting your own business. Student chose a business structure and the reason. The student discussed financial statements for the chosen business structure, then explained with specific examples from the University Library, how these would help make decisions about the business. The student cited a minimum of two peerreviewed references. Writing Guidelines The paper—including tables and graphs, headings, title page, and reference page—is consistent with APA formatting guidelines and meets course-level requirements. Intellectual property is recognized with in-text citations and a reference page. Met Comments: 3 Business Structure and Financial Statements Grading Guide FIN/419 Version 6 Writing Guidelines Met Partially Met Not Met Total Available Total Earned 3 #/3 8 #/8 Paragraph and sentence transitions are present, logical, and maintain the flow throughout the paper. Sentences are complete, clear, and concise. Rules of grammar and usage are followed including spelling and punctuation. Assignment Total Additional comments: # Comments: 4
Purchase answer to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Attached.

Running head: BUSINESS STRUCUTURE AND FINANCIAL STATEMENTS

Business Structure and Financial Statements
Name
Instructor’s Name
Course Code
Institution Affiliation
Date

1

BUSINESS STRUCUTURE AND FINANCIAL STATEMENTS

2

Business Structure and Financial Statements
Introduction
Every individual is viable in conducting a business. However, the essential thing is to
ensure that all stakeholders are capitalized in the process. Therefore, it is paramount to
comprehend the type of business structure to employ before opening up a business. Involving a
business structure is essential in guiding the advantages and disadvantages on how the structure
can operate efficiently. Moreover, it is vital for the company to capitalize financial statements
since they are essential for the business to access their assets, income, and financial stability.
Therefore, in this scenario, there will be describing the legal categories of a business
organization, the type of business structure to choose and financial statements for the selected
business structure.
Legal categories of a business organization contrasting tax-related advantages and
disadvantages
There are different types of legal divisions of a business comparing tax related strength
and weaknesses, which includes sole proprietorship, corporations and at the same time,
partnership. The sole proprietorship is a type of business category in that the business is managed
and owned by a single individual who is capable of running the entire company. This form of the
busin...


Anonymous
Great! Studypool always delivers quality work.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Similar Content

Related Tags