Why does a company choose to form as a corporation? Whatare the steps required to become a corporation? What are theadvantages and disadvantages of the corporate […]
Which bases of accounting do most companies use cash oraccrual? Why? Which method is approved by GAAP? Why? What are thepositives and negatives of each? Is […]
When is the trial balance prepared? What is the purposeof preparing a trial balance? What does the trial balance tell you?What does the trial balance not […]
What are some common ratios used to analyze financialinformation? Which are the most important?What are some examples of how ratios are used in the decisionmaking process?Two […]
Why are companies required to prepare a statement ofcash flows? Why is the statement of cash flows divided into threesections? What does each section tell you […]
What are the different types of dividends corporationsmay issue? When should a corporation pay dividends? Do you prefer astock dividend or a cash dividend? Why?
Why is preferred stock referred to aspreferred? What are some of the features added topreferred stock that make it more attractive to investors? Wouldyou select preferred […]