Submitted by michellemuscle on May 26, 2008

• Category: Business
• Words: 406
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Wealth Maximization Concepts Worksheet

Wealth Maximization Concepts Worksheet
Concept Application of Concept in the Scenario Reference to Concept in Reading
Sole Proprietorship
Shang-wa Electronics is a sole proprietorship. John Lin started the business and built it up over the years. Lin is the only owner of Shang-wa Electronics. A business owned by one person is a sole proprietorship (Ross & Jaffe, 2004).
Capital Budgeting





Bernard Lester, CEO of Lester Electronics, Inc., emails John Lin, CEO of Shang-wa Electronics, and requests a capital budget for the joint venture manufacturing facility the two have discussed opening. This information will help...

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