Jennifer has developed a new idea. She has applied for a patent and wants to produce this widget. She has
several people who want to contribute financially but do
not want to have anything to do with running the
business. She needs to get some additional financing.
What type of business would you advise Jennifer to
start?

A. Sole Proprietorship
B. Co-operative
C. Partnership
D. Corporation

Slimwood corporation made sales of $ 725 million during 2018. of this amount, slimwood collected cash for $ 670 million. the company's cost of goods sold was $ 300 million, and all other expenses for the year totaled $ 400 million. also during 2018, slimwood paid $ 420 million for its inventory and $ 285 million for everything else. beginning cash was $ 110 million. carter's top management is interviewing you for a job and they ask two questions: (a) how much was carter's net income for 2018? (b) how much was carter's cash balance at the end of 2016? you will get the job only if you answer both questions correctly.