Accounting 291

Week 3 Team Assignment ACC/291 The Principals of Accounting July 30, 2012 The treatments meet been how spates ar built. How the passel develop into squads of management companies that own or manage a comp each. The different types mints gravel franchises for example Kentucky heat up Chicken and Long jakes Silvers are different franchise eating place owned by the same corporate owner. The name of the corporation is Yumi brands which also are co-owners of A&W and Pepsi. The Yumi Brands have emergence out to different franchises to append profit for their company.  In corporations thither is a silent accessory that work ups decision based on profit or perhaps on economy, that will garter a company claim success. The corporation will make silent voting suggestions and practice them to see if company increases or decreases profit. The two main types of corporations are profit or not-for-profit. A for-profit is a corporation in the busin ess solely for profit. A for-profit example is Burger King, McDonald, Wendys, or any other of the fast victuals chains. The not-for-profit is charitable organizations which are redemption Army, Red Cross, and American malignant neop persistic disease Society.

The not-for-profit organization raise property for research and educational acquire tools for the organization. Another topic of discussion has been learning about the reasons wherefore a business or individuals neediness to comprise a corporation instead of skilful running a business on their own. The discussion on this topic is that some companies want to form corporations to keep their assets s! afety and the limited liabilities that keep them safe from lawsuits. somewhat of the problem areas for the team this week included the assignment for week three. Learning how to set the cost per mile served as an breastwork for some of us. in that respect was also rounding answers to 2 decimal places. The team vox populi that the preparing of the journal was easier this week compared to last weeks assignment. Although this...If you want to get a sound essay, order it on our website: BestEssayCheap.com

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