Welcome to Assignment 6. To successfully complete this assignment, you will need to do substantial research, reading, and studying of the topics. In addition to the assigned readings found in the lesson area, you must conduct your own research using the university databases and other appropriate sources. Sources used should be peer-reviewed and published no more than six years ago.
The Assignment
This week we will take a look at the companys financial performance. Since all the companies listed in lesson 1 are publicly traded, Google financial statements for the last two years (2017 and 2018 will work). After carefully reviewing the information, please respond to the following:
Part 1
Briefly describe how you will evaluate this companys performance
How is the company doing financially? How do you know?
Which financial statement do you think provides the best information for investors?
Part 2
Define the following types of business ownership.
Sole Proprietorship
Partnership
Corporation
Limited Liability Company
For each type of ownership listed in #1 above, list the pros (advantages) and cons (disadvantages). Be sure to pay close attention to owner liability and tax treatment for each type of business ownership.
Assignment Deliverable
You will provide a Word document with a minimum of 3 full pages. References will appear on their own page at the end. The page count does not include the cover page or reference page.
Remember: All writing must be supported by academic (scholarly sourced) literature and will appear in APA format including proper in-text citations and references at the end. You must clear cite each sentence that contains materials sourced from the lesson area and your academic resources. Your work will be checked for academic integrity by our plagiarism system. For a great breakdown of academic literature, please visit https://www.lib.unb.ca/research/success/understanding.php
All submitted file names should adhere to the following naming convention: LastName BUSxxx Assignment #. For example, Smith BUS100 Assignment 1
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