Mccormick corporation issued a 4-year, $40,000, 5% note to greenbush company on january 1, 2013, and received a computer that normally sells for $31,495. the note requires annual interest payments each december 31. the market rate of interest for a note of similar risk is 12%. prepare mccormick's journal entries for (a) the january 1 issuance and (b) the december 31 interest

Which of the following statements is correct? a) due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u.s. businesses (in terms of number of businesses) are organized as corporationsb) most businesses (by number and total dollar sales) are organized as proprietorships or corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, primarily because corporations have important tax advantages over proprietorships and partnerships.c) due to legal considerations related to ownership transfers and limited liability, which affect the ability to attract capital, most business (measured by dollar sales) is conducted by corporations in spite of large corporations' less favorable tax treatmentd) large corporations are taxed more favorably than proprietorshipse) corporate stockholders are exposed to unlimited liability

What do you think: would it be more profitable to own 200 shares of penny’s pickles or 1 share of exxon? why do you think that?

You should do all of the following before a job interview except