Roominate, the company profiled in the opening feature of chapter 10, makes toys that are intended to encourage young girls to enter engineering. the company was co-founded by alice brooks and bettina chenwhich of the following is not true about roominate's founding story? a) in 2013, brooks and chen appeared on the today show to talk about roominate. b) in 2013 and 2014, brooks and chen attempted to raise money for angel investors, but were unable to convince any angels to invest. c) brooks and chen raised money for roominate via a kickstarter campaign. d) at the same time brooks and chen were conceiving roominate they were taking a lean launchpad class at stanford taught by steve blank. e) brooks and chen met while they were engineering master's students at stanford university

What are the main advantages and disadvantages of organizing a firm as a c corporation? the advantages are: (select all the choices that apply.) a. there is no limit on the number of owners a c corporation may have, thus allowing the corporation to raise substantial amounts of capital. b. the life of the business can continue beyond the death of any of the owners. c. the corporation can use the assets of the owners to pay for corporate liabilities. this attracts smaller investors to the corporation. d. the liability of the owners is limited to the amount of their investment in the firm. the disadvantages are: (select all the choices that apply.) a. income to a c corporation is subject to double taxation, once at the corporate level and again when received by the owners in the form of a dividend. b. the life of the business usually ends with the death of any of the owners. c. the c corporation is more complicated and more expensive to set up than other business entities. d. corporate liabilities can be passed on to the share

University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will have a residual value of $19,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.

Which of the following would be an accurate statement about achieving a balanced budget