To match the items, click the example, and then click the business structure.
Sole proprietorship
Doug and Vanessa want to start a carpet cleaning
business together and share the ownership and profits.
They are not concerned about personal liability. They want
the business to be fairly simple to set up.
S corporation or LLC
Esperanza is starting a business by herself as an
illustrator for magazines and children's books. She isn't
concerned with personal liability, but she wants the
business to be easy to set up.
Robyn wants to turn her sole proprietorship as a tutor into
a larger company with many owners and liability
protection. She is willing to deal with double taxation and a
complicated setup process.
C corporation
Cuba is starting an event planning company. He wants to
protect his liability, and he would prefer pass-through
taxation.
Partnership
Ming is starting a business with the purpose of fighting
hunger in her community. She doesn't care about making
a profit and is willing to reinvest any income back into her
products and services.
Nonprofit corporation

Pressure systems, inc., manufactures high-accuracy liquid-level transducers. it is investigating whether it should update certain equipment now or wait to do it later. if the cost now is $200,000, what will the equivalent amount be 3 years from now at an interest rate of 10% per year?

Paar corporation bought 100 percent of kimmel, inc., on january 1, 2012. on that date, paar’s equipment (10-year life) has a book value of $420,000 but a fair value of $520,000. kimmel has equipment (10-year life) with a book value of $272,000 but a fair value of $400,000. paar uses the equity method to record its investment in kimmel. on december 31, 2014, paar has equipment with a book value of $294,000 but a fair value of $445,200. kimmel has equipment with a book value of $190,400 but a fair value of $357,000. the consolidated balance for the equipment account as of december 31, 2014 is $574,000. what would be the impact on consolidated balance for the equipment account as of december 31, 2014 if the parent had applied the initial value method rather than the equity method? the balance in the consolidated equipment account cannot be determined for the initial value method using the information given. the consolidated equipment account would have a higher reported balance. the consolidated equipment account would have a lower reported balance. no effect: the method the parent uses is for internal reporting purposes only and has no impact on consolidated totals.

If kroger had whole foods’ number of days’ sales in inventory, how much additional cash flow would have been generated from the smaller inventory relative to its actual average inventory position? round interim calculations to one decimal place and your final answer to the nearest million.