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Why does a company choose to form as a corporation?
What are the steps required to become a corporation?
What are the advantages and disadvantages of the corporate form of doing business?
P10-5A Fordyce Electronics issues a $400,000, 8%, 10-year mortgage note on December 31, 2007. The proceeds from the note are to be used in financing a new research laboratory. The terms of the note provide for semiannualinstallment payments, exclusive of real estate taxes and insurance, of $2..