Leadership and Advocacy Describe experiences related to any of the following: Leadership and Advocacy in social justice, equity, and/or access (How does it relate to your role as a School Counselor). Describe experiences related to any of the following: Social/emotional development. Sole Proprietor, who receives this profit? Partnership, two partners, no agreement on profit(loss) allocation regarding the $1 million in profit for this fiscal year. How would you suggest a ‘reasonable allocation’ be for the distribution of profit(loss) be for the partner in charge of operations be versus the ‘capital partner? Corporations, who gets the profits in a corporate form? Would a corporation be required to distribute profits, if not, then who gets the profits? perhaps the reason for the account ‘retained earnings.
Limited Liability Company (don’t consider the ‘S’ corporation for this, who gets the $1 million in profit for this ‘pass through’ entity? You can assume that there was a managing partner, and such limited partners. Let’s have the managing partner, operations partner work for a salary. If the entity turns in a profit, then the managing, operations partner will share equally with the limited partners. Describe experiences related to any of the following: Social/emotional development. Sole Proprietor, who receives this profit? Partnership, two partners, no agreement on profit(loss) allocation regarding the $1 million in profit for this fiscal year. How would you suggest a ‘reasonable allocation’ be for the distribution of profit(loss) be for the partner in charge of operations be versus the ‘capital partner? Corporations, who gets the profits in a corporate form? Would a corporation be required to distribute profits, if not, then who gets the profits? perhaps the reason for the account ‘retained earnings.
Describe experiences related to any of the following: Social/emotional development. Sole Proprietor who receives this profit? Partnership, two partners, no agreement on profit(loss) allocation regarding the $1 million in profit for this fiscal year. How would you suggest a ‘reasonable allocation’ be for the distribution of profit(loss) be for the partner in charge of operations be versus the ‘capital partner? Corporations who gets the profits in a corporate form? Would a corporation be required to distribute profits if not then who gets the profits? perhaps the reason for the account ‘retained earnings. Use APA reference style.