Ron, sandy and tom want to enter into business together with the least amount of paperwork. it is very important to them to pay the least possible amount of federal and state taxes and to get the business off the ground in the shortest possible amount of time. none of them have any significant amount of personal assets, so they want to do it as cheaply as possible and they are not worried about personal liability. based on these facts, they should organize their business as a: a. sole proprietorship b. general partnership c. limited partnership d. limited liability company e. corporation

Financial performance is measured in many ways. requirements 1. explain the difference between lag and lead indicators. 2. the following is a list of financial measures. indicate whether each is a lag or lead indicator: a. income statement shows net income of $100,000 b. listing of next week's orders of $50,000 c. trend showing that average hits on the redesigned website are increasing at 5% per week d. price sheet from vendor reflecting that cost per pound of sugar for the next month is $2 e. contract signed last month with large retail store that guarantees a minimum shelf space for grandpa's overloaded chocolate cookies for the next year