Estimate you will exhaust account in six months

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Reference no: EM1379713

Q. You have been hired as Chief Financial Officer, a newly created position, for a rapidly growing nonprofits organization that sells discounted clothing. organization rents a building, mortgaged at an adjustable rate, to another entity. Beginning next year, mortgage interest rate will increase also monthly expenses will exceed monthly revenue. You estimate you will exhaust account in six months.

Reference no: EM1379713

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