- Analyze whether the major financial management decisions of the Richards family involve capital budgeting, capital structure, and working capital management.
- Explain whether the Richards family should form a regular corporation or choose one of the hybrid forms.
- Explain how incorporating will affect the Richards family’s ability to transfer ownership to their children.
- Justify Jake’s concerns with hiring professional management.
- Analyze whether incorporating will affect the Richards family’s ability to give up a small amount of profit in exchange for protecting the environment.
- Evaluate how Jake might obtain more equity funding and perhaps create considerable wealth for the Richards family in the process.
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