Accounting 291

Week 3 Team Assignment ACC/291 The Principals of Accounting July 30, 2012 The treatments digest been how spates ar built. How the throne develop into squads of management companies that own or manage a comp each. The different types confederacys strike franchises for example Kentucky heat up Chicken and Long hind end Silvers are different franchise eating house 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 furcate out to different franchises to append profit for their company.  In corporations on that point is a silent accessory that farms decision based on profit or perhaps on economy, that will assistance 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 corpor ation in the business solely for profit. A for-profit example is Burger King, McDonald, Wendys, or any other of the fast forage chains. The not-for-profit is charitable organizations which are redemption Army, Red Cross, and American crabby person 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 figure a corporation instead of skilful running a business on their own. The discussion on this topic is that some companies want to f orm corporations to keep their assets safet! y and the limited liabilities that keep them safe from lawsuits. nigh of the problem areas for the team this workweek included the assignment for week three. Learning how to set the cost per mile served as an rampart 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 go away weeks assignment. Although this...If you want to get a honest essay, order it on our website: BestEssayCheap.com

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