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Please answer the following questions in essay form:

~You have decided to become an entrepreneur and form your own business organization. ~

1. Which type of business organization would you set up?

2. Explain why you selected to set up that type of business organization for your new business.

Which statement or statements are implied by equilibrium conditions of the loanable funds market? a firm borrowing in the loanable funds market invests those funds with a higher expected return than any firm that is not borrowing. investment projects which use borrowed funds are guaranteed to be profitable even after paying interest expenses. the quantity of savings is maximized, thus the quantity of investment is maximized. a loan is made at the minimum interest rate of all current borrowing.

Mr. drucker uses a periodic review system to manage the inventory in his dry goods store. he likes to maintain 15 sacks of sugar on his shelves based on the annual demand figure of 225 sacks. it costs $2 to place an order for sugar and costs $1 to hold a sack in inventory for a year. mr. drucker checks inventory one day and notes that he is down to 9 sacks; how much should he order?

Amanufacturing company has a beginning finished goods inventory of $15,300, raw material purchases of $18,700, cost of goods manufactured of $33,900, and an ending finished goods inventory of $18,500. the cost of goods sold for this company is: