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How should the business financing be recorded on the books

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Reference no: EM133433721

Questions: Watch the case study of Mack and his friend Peter.

After you watch the case study, please answer the following questions:

  • How should the business financing be recorded on the books of the company?
  • How should the company record the assets of the company?
  • How would a business plan have helped this company to succeed?
  • What are the main factors that contributed to the failure of this company in your opinion?

 

Reference no: EM133433721

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