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SERIAL PROBLEM: KATE'S CARDS Kates Cardsa Note: This is a continuation of the Serial Problem:...

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Accounting

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SERIAL PROBLEM: KATE'S CARDS Kates Cardsa Note: This is a continuation of the Serial Problem: Kate's Cards from Chap SPII. Kate's business continues to flourish. It hardly seems that just eleven months ago , in September le to successfully in Sep 2015, that Kate started the business. She is especially pleased that she fend herself against what turned out to be a mistaken attempt to sue her for She was able to clearly demonstrate that her card designs were uniau from the designs sold by Mega Cards. opyright ine designs were unique and significant EY Kate has decided to take on an investor. Taylor Kasey believes th good investment and wishes to invest money to help Kate expand theu somewhat unsure how to structure Taylor's investment. Taylor wishes to be an than simply providing a loan to Kate. Kate wants to know whether shnvestor stock or preferred stock for her investment. ment. Taylor wishes to be an equity inv business. Kate, however, pre uld issue Taylor common ayather

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