Our client‚ Mr. Perez wants to start a new business‚ but he is debating whether to start a S corporation or a C corporation due to potential environmental factors associated with his business. He wants to maintain a limited liability and wants to avoid double taxation by paying himself a salary equal to his companies before tax earnings. He also would like to issue preferred stock to his son in the future to keep his interests in the business. He was advised by his friend to choose a C Corporation
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1. How does Berkshire Partners create value? Berkshire partners believes in creating values “based on successful relationships‚ hard work‚ analysis‚ and the open decision making of all individuals” (Partners) They do not see the acquiring company as just a financial investment but as an investment in a relationship between two living entities. They work hard in collaboration with the acquired firm to do the analysis and research and consult all individuals in both firms regarding the future of the
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GEORGE SMITH PATTON JR. ( 1885 – 1945 ) INTRODUCTION George Smith Patton III was born on Nov 11‚ 1885 in San Gabriel‚ California‚ USA. He was known as “Old Blood and Guts “and “Georgie “. In 1909‚ he graduated from the U.S Military Academy at West Point and descendant of a Virginia family with a long military tradition. Patton became a keen student of the American Civil War (1861-1865)‚ especially its great cavalry leaders ‚ an interest that likely contributed to the strategy of bold ‚ highly
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in the United States and around the world. This business philosophy of owning various types of stores has allowed Wal-Mart to reach more people and sell a wider variety of products‚ which has enabled Wal-Mart to create a larger customer base. In the case presented in the textbook‚ Wal-Mart was trying to penetrate the markets in Argentina and Brazil by attempting to create a different shopping experience for consumers. However‚ because of the nature of the supermarket industry in Argentina and Brazil
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Identification of critical issues: - Lots of competition in his district (with also the same atmosphere and targeted customers) - A lot of money needs to be spent on the decor of the latest fashion trends - Plans on having 71 staff‚ which is a lot (salary expenses is going to be very high) - Having the recipes emailed to the clients may cause a loss of revenue (clients may chose to just cook the recipes at home) - Wants to provide only 96 seats in a 5800 square footage space (he can fit more
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The national honors society consists of four tenets scholarship‚ leadership‚ character and service. The tenets that mostly describes me and my character and leaderships skills. I am kind‚ lovable‚ caring‚ trust‚ worthy‚ and loyal. I show many leadership skills too. By tutoring little kids to helping their homework and I achieve that skill. My combination of creative talent social expertise makes me a great student to be in national honors society. I have volunteered at the long term care facility
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Steven G. Mihaylo College of Business and Economics California State University‚ Fullerton Colette’s Children’s Home Team 4 Cynthia Fung Vitaya Hearunyakij Peter Krzystofiak Marketing 351 TWR 18:00 – 20:20 Summer Semester July 2‚ 2008 Social Enterprise Overview Colette’s Children’s Home (CCH) is a non-profit emergency and transitional housing program for homeless single women and homeless women with children‚ with five facilities in the
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Charlie Wass 7598 What are the main tenets of Natural Law? Do the strengths outweigh the weaknesses? (25) Natural law is the belief that man desires happiness‚ however for the philosopher Thomas Aquinas‚ he believes this mean fulfilling our purpose as humans. Natural law was an ethic rooted in the philosophy of Aristotle‚ in the 4th century. He came up with the idea that everything in life serves a purpose and therefore distinguished efficient causes from final causes. The efficient cause is what
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Bibliography: Rampersad Ramsawak and Ralph R. Umraw‚ Modules In Social Studies 3rd Edition‚ Caribbean Educational and Publishers © 2001.
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her last gasps of air‚ you have a decision to make‚ end or keep her life as this is a 50/50 chance situation. This would be one example of a justifiable act‚ along with situations such as war ethics‚ hunting for sport‚ and in the case of George and Lennie. In the case of military ethics‚ a person should have the choice to kill in order to defend their country. People should look to see this is justifiable‚ “Consider the situation
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