ADMS 3530 Chapter Notes - Chapter 1: Limited Liability Partnership, Legal Personality, Byrsonima Crassifolia

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aquamarineshark425

18 Apr 2017

School

York University

Department

Administrative Studies

Course

ADMS 3530

Professor

Alagurajah

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Document Summary

1. (1) capital budgeting decision/ investment decision: what capital investment projects to invest in and how much to spend on each project. Who can sell them: sarbanes-oxley act, advantages of a corporation, disadvantages of a corporation, public because can use stock market. Private is more time consuming and subject to legal restrictions. 3 problems: (1) sole proprietorship: owned and operated by one individual that is personally liable. Only taxed once. (2) partnership: owned by 2 or more people. Textbook questions: 4, 5, 6, 18, 19, 21, 22, 26, 28: corporate organization. What are the advantages and disadvantages of organizing a. Proprietorship: advantages > easy to form, dissolve disadvantages > unlimited liability, dif culty to raise funds. Partnership: advantages > taxed once disadvantages > unlimited liability. Corporation: advantages > limited liability, separation of owner and managers, equity easily exchanged disadvantage > double taxation, extra cost and time, full disclosure, abide by rules and laws.

Related Questions

Write at least 600 words plan.

1. Choose one (1) investment plan from following:
a) Opening of a new business
b) Investment in financial securities
c) Investment in Education (Masters and PhD)

Discuss the nature of your investment plan and state for choosing the particular investment. Furthermore, provide the specific details of your investment such as type/nature of the project, overview of the project, estimated/allocated project cost, location, project duration, and expected returns from the project.

2. My Sources of Funds:
Discuss how much of your personal funds can be allocated to your investment plan. You can get details from your portfolio above. Additionaly, provide alternate sources of funds for insufficiency of capital to finance the investment project. ALternative sources may include bank loan, short or long-term financing, government sources and informal sources such family members or relatives. Provide the folowing details of your fund source:

1. Target company or agency for financing
2. Gross amount of funds sources
3. Repayment scheme
4. Terms of financing
5. Security concerns

3. My FInances in the Future
Discuss the implications of your investment project. Provide postive and negative reflecyions on your plan. More so, provide expectations on how the investment plan will help you in your goals to achieve financial wealth and freedom.

This portfolio tests the following outcomes:
1. Analyse the reason why individuals buy financial products and the factors that affect their choices
2. Compare the main features of financial products and providers.
3. Analyse the eddects on consumers of changes and trends in the financial market place.