xmitchellx8412 asks
i have some questions about economics. 1.Why is a sole proprietorship the easiest type of business to establish? 2.How does forming a partnership solve many of the problems that are associated with sole proprietorships? 3.Explain the structure and strengths of a corporation. 4.Compare stocks and corporate bonds. How do corporations raise money through stocks and bonds? 5.Explain why a corporation would choose to become a conglomerate. 6.Explain the advantages of opening a franchise. Can you think of any disadvantages? List those too.

 asks
Which of the following about the financial statements of different types of business organizations is false? a. Owner contributions and retained earnings are shown as separate items on the balance sheet of a sole proprietorship. b. Each partner's contributed capital and retained earnings are combined in a single Capital account on the balance sheet of a partnership. c. A corporation has a more complex capital structure than a proprietorship or partnership. d. The income statement is one of the financial statements prepared by proprietorships, partnerships and corporations.