To Form an LLC or Not A limited liability company (LLC) is one of many ways to formally structure a business. The best way to describe an LLC would be as a cross between a sole proprietorship/general partnership and a corporation. “The "LLC" has only been in existence for roughly 26 years and there are some definite pros and cons” (Chapo‚ 2007). Advantages of LLCs There are many benefits to forming an LLC. They are easier and less expensive to start than other forms of business‚ but not every
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Logistics 1 – Introduction to Logistics Case 5-1 “Johnson Toy Company (1) From the standpoint of an individual concerned with accounting controls‚ discuss and evaluate Johnson Toy Company’s present policies for handling returned items. From the accounting control perspective‚ the financial records are evidently inaccurate leading to poor overall control‚ e.g. Greg Sullivan confidently indicated that his records shows 2.6 million Jungle Jim dolls are in stock for recycling; however‚ Carolyn
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Case Study: Clarkson Lumber Company Albert M. Aguirre February 11‚ 2012 1. Mr. Clarkson needed to borrow money to address the shortage of cash coming in. Although the business was profitable the bulk of the assets of the company were in its receivables and inventory. The current loan that it gets from Suburban National Bank is not enough to supplement the cash flow that it gets versus the projected expenses that the company had to pay and was maturing. There were also notes payable to
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opinion‚ the world today is better than it was fifty years ago primarily due to technology‚ civil reform and medical breakthroughs. The technology of today is far more advanced. In 1960‚ computers were not household items‚ nor were cell phones‚ the internet‚ digital cameras/camcorders‚ DVD players‚ plasma television sets and GPS systems. It is clear that because of the increase in affordable household appliances‚ home life is easier now than it was fifty years ago. With the added efficiency‚ more time
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The Dustbowl migrants were different than most of the other groups of migrants who came to work in the fields of California. These were other Americans who had not long ago had lived a life that was similar to the farmers whom they were now working for. The other migrants came from other countries and most of them were probably used to living in poverty‚ so when they came to work as the peon class in America they were already used to hard working conditions for very little compensation. In their
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Unstoppable 5‚000 Years Ago Part One Jaron of Sparta walked among the shattered bones of his enemies‚ as their blood slowly tainted the sand. All of his men had been slain by the Roman legion. They fought well‚ may their souls rest in peace knowing that they served their king well. As Jaron walked throug¬h the city he saw the coliseum he said “Sick people‚ killing for their amusement” he continued walking through the city‚ he walked over to an olive tree‚ drew his sword‚ then he said “ I never
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The purpose of this case is to hire a Sales Manager for the company with all the core competences of company. According to the legal view of this case study it falls under the pregnancy discrimination act of 1978 (A framework for human resource management‚ Gary Dessler).This act encompasses discrimination of pregnancy‚ childbirth‚ or any other related medical conditions. The legal and the ethical issues involved in this case is about Gladys pregnancy and Timmy’s response for it. It is ethical for
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Tim Adams‚ CEO and Mike Ferry‚ VP of Marketing were not qualified to be leading a company with so much potential and growth opportunities. Dean Kamen also fails to realize that his executives may not share his grand vision for the Segway as passionately as he does. Kamen needs set aside his loyalty and remove Adams and Ferry from their positions. These two positions‚ especially at such an early stage in the company will dictate how successful the product will be. He will need to fill the positions
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Folk singer Pete Seeger was born in New York‚ New York in 1919. His father was a musical man and taught at the University of California in Berkeley‚ as well as Julliard. His mother taught violin at Julliard as well‚ although she would have preferred to be a traveling violinist if she did not have a family to care for. Seeger’s brother and sister became musicians as well. It seems Seeger was destined to be a musician himself. However‚ his parents did not agree on how to educate Seeger about music
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The Lumber Room The text under analysis is written by an outstanding British novelist and short story writer Hector Munro. Hector Hugh Munro was a British writer‚ whose witty stories satirized Edwardian society and culture. The author’s style of writing is satirical in a humorous way. He uses a witty tone to mimic characters in order to subtly criticize them. The criticism is done in a subtle way that is humorous. The excerpt is homogeneous. The story is narrated in the 3rd person
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