Need HELP ASAP! Craig and Carol knew that they wanted more out of life. Craig works as an inspector for the
city health department, which involves inspecting restaurants and foodservice establishments
to see whether they are operating according to local laws. Carol worked as an insurance agent
for the first 10 years of their marriage and is a stay-at-home mom. Their home is paid for and
their oldest daughter received scholarships to attend their local state university. Their son
Charles is a senior in high school. Neither Craig nor Carol has much experience in owning or
operating a small business, yet this is what they want to do when their son graduates from high
school. They have been frugal and have saved over $200,000 for this venture. Craig will not be
quitting his job for a while. This will leave Carol with the responsibility of running the business.

What type of business organization do you recommend? Why? (LLC, Corpration, sole protorship, or a partnership)

Ms. sophia jones, the company president, has heard that there are multiple breakeven points for every product. she does not believe this and has asked you to provide the evidence of such a possibility. some information about the company for 2017 is as follows:

During january 2018, the following transactions occur: january 1 purchase equipment for $20,600. the company estimates a residual value of $2,600 and a five-year service life. january 4 pay cash on accounts payable, $10,600. january 8 purchase additional inventory on account, $93,900. january 15 receive cash on accounts receivable, $23,100 january 19 pay cash for salaries, $30,900. january 28 pay cash for january utilities, $17,600. january 30 firework sales for january total $231,000. all of these sales are on account. the cost of the units sold is $120,500. the following information is available on january 31, 2018. depreciation on the equipment for the month of january is calculated using the straight-line method. the company estimates future uncollectible accounts. at the end of january, considering the total ending balance of the accounts receivable account as shown on the general ledger tab, $4,100 is now past due (older than 90 days), while the remainder of the balance is current (less than 90 days old). the company estimates that 50% of the past due balance will be uncollectible and only 3% of the current balance will become uncollectible. record the estimated bad debt expense. accrued interest revenue on notes receivable for january. unpaid salaries at the end of january are $33,700. accrued income taxes at the end of january are $10,100

Hilary works at klothes kloset. she quickly the customers, and her cash drawer is always correct at the end of her shift. however, she never tries to "upsell" the customers (for example, by asking if they would like to purchase earrings to go with the shirt they chose or by suggesting a purse that matches the shoes they are buying). give hilary some constructive feedback on her performance.