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Question - What is the alternative courses of action for this scenario?
Nathaniel works for a small accounting practice, Johns and Co. He initially found it difficult to get a job in a small town, and only got the job as a favour from his wife's parents, who are close to the practice owner, Suzanne. Johns and Co. are branching out to offer financial planning services. To further this goal, Suzanne has enrolled in a training course to become a Certified Financial Planner.
Suzanne tells Nathaniel she does not have time to complete the training exercises for the course, and asks him to do the on-line assessments on her behalf. Nathaniel is not confident that Suzanne has the requisite skills to offer financial planning advice but feels like he would lose his job were he to say anything.
how the accounting equation relates to the components of the balance sheet
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Suppose a company will issue new 20-year debt with a par value of $1,000 and a coupon rate of 9 percent, paid annually. The tax rate is 40 percent.
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