Honors Business Economics Homework for Next Week

Honors Business Economics Homework for Next Week
Monday HW
1. p. 66, Reading Check, Contrasting, What are the differences between a general partnership and a limited partnership?
2. p. 67, What is the relationship between a divided and a stockholder?
3. p. 67, How does common stock differ from preferred stock?
Tuesday HW
1. p. 68, Figure 3.3, Who does the president hire?
2. p. 68, Who reports directly to the vice president of production?
3. p. 68, Write a paragraph, using your own words, that explain the typical structure found in a corporation. Refer to the text and the Corporate Structure illustration.
Wednesday HW
1. p. 69, Double Taxation Cartoon: Why are people interested in owning stock when they have to pay so much in taxes?
2. p. 69, Explain the meaning of the cartoon.
3. p. 69, Why do you think stockholders might hire the services of stockbrokers?
Thursday HW
1. Reading Check, p. 70, Evaluating, Why do many business owners prefer corporations over other forms of business organizations?
2. p. 71, What changes did Jung make to Avon's marketing strategy?
3. p. 71, What career steps did Jung take that allowed her to move from a degree in English literature to a top management position?
Friday HW
1. p. 73, Figure 3.4, Growth Through Reinvestment, Which of the items on the income statement represents the real measure of profits for the business?
2. p. 73, What are two things that a business can do with its cash flow?