What is "equity financing" and how are corporations formed?
What is "equity financing" and how are corporations formed?Answers: Equity financing, or equity funding, is trading a percentage of a business for a specific amount of money. This form of financing enables a business to receive the assets needed without taking on other debt. Outside investors will want to see an owner also investing their own money to show they are willing to share the risks. While it is possible to attract investors, the largest source of equity financing is still family and friends.
The following site provide a checklist for forming a corporation
http://smallbusiness.findlaw.com/busines...
WHAT DOLLAR STORE ARE YOU GOING TO SHOP AT WHEN YOU GET YOU FEDERAL REBATE CHECK?
Answers: don't think ill have enough :(
I'm sure not going to go to a dollar store, I'll spend mine on my vacation when I go out of the country.
How do I subtract merchandise inventory and accounts payable on the match sheet?
I've been stuck on this problem for a while..I own the following information to work with:Income statement background:
Sales $82,220
Costs of goods sold $26,550
Gross profit $55,670
Operating expenses $52,060
Net income $3,610
Balance sheet information:
Merchandise inventory ___?
Accounts payable $4,000
Additional info:
Purchases of merch. inv. $24,050
Cash payments to suppliers $24,650
Answers: Looks like you're missing the emergence inventory in this problem. And your end AP is given as $4,000. What's the question on AP? If you have beg. inventory, you could work out end inventory like this:
Beg. inventory xxx
tag on purchases 24,050
less COGS (26,550)
= Ending inventory ??
You hold too many unknowns.