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Introduction to Financial Accounting and Business - Discussion (200 Word Min)
Topic: Business Strategy
Before starting the discussion, please review the Discussion Board Checklist.
Watch the case study of Mack and his friend Peter. https://extmedia.kaplan.edu/business/AC499/U1/Discussion/player.html to watch their business scenario.
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?
To view Mack and Peter's transcript, https://extmedia.kaplan.edu/business/AC499/U1/Discussion/Script.pdf
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