ACC 665 Week 2 Assignment 2 CLC Case Study Report B
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ACC 665 Week 2 Assignment 2 CLC Case Study Report B
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ACC 665 Week 2 Assignment 2 CLC Case Study Report B
Details:
For specific instructions regarding the CLC Case Study Report B, please refer to the Tax Planning and Business Strategy Case Study resource.
This assignment uses a grading rubric. Instructors will be using the rubric to grade the assignment; therefore, students should review the rubric prior to beginning the assignment to become familiar with the assignment criteria and expectations for successful completion of the assignment.
You are required to submit this assignment to Turnitin. Please refer to the directions in the Student Success Center
CLC Case Study Report B
ACC 665 Week 2 Assignment 2 CLC Case Study Report B
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The entire staff assigned to work with Dave (CLC Team) reassembles and are brought up-to-date by the tax partner. You learn that Dave has acquired controlling partner interest in OOSS’s second largest competitor, Deepwater Exploration, LLC, (DE) by purchasing $200 million of common stock using OOSS assets as collateral for a loan with First Trust Bank. After being appointed the new general manager of DE, he is considering merging OOSS and DE into a single company.
Dave requests advice on what is the best business structure and why as it relates to the compensation structure of DE and perhaps OOSS. He also wants to know the impact of different business forms of organization on the compensation of owners.
The staff team (CLC team) is now assigned the task of developing a recommendation summary of these issues and which is the best organizational structure to recommend for Dave and his companies. Dave indicated that even Diamond Discovery should be considered a part of his reorganization efforts.
Please refer to the assignment grading rubric at the assignment’s drop box for information regarding how the assignment will be graded. The CLC team is to prepare a two-page (double-spaced) report with the required information to be submitted by the end of Module 3.
ACC 665 Week 2 Assignment 2 CLC Case Study Report B
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