- Assets, Liability, and Equity: Summarize how the assets, liabilities, and owner’s equity have changed over three years for Company A and Company B. Include screenshots of your data visualization.
- Revenue and Earnings: Use the provided income statements to summarize the gross revenue and net earnings for Company A and Company B over three years. Include screenshots of your data visualization.
- Conclusion : Summarize your observations about the financial performance of both companies. Include any insights you may have about their performance trends or how they have performed compared to each other over the past three years.
Tag: Liability
Ease of set up, funding, liability, taxes, management and exit strategy
John and Susan have a great idea for a new internet company. They will be selling a new health drink that promises to provide natural protein and vitamins without gaining weight and without having any adverse consequences. They want to set up the most flexible business organization. They do not want to worry about going public yet, which would be down the road. They are concerned about the ease of set up, funding, liability, taxes, management and their exit strategy. What type of business organization should they set up and why? Please comment on the ease of set up, funding, liability, taxes, management and exit strategy. Also, please mention whether the liability issues will always remain the same or is there anything they will have to do initially and on an on-going basis to minimize their liability.