Assume bank interest on the note is $ 15000 / month Assume a depreciation expense of $ 15,000 in December
Answer the questions: Does the firm need to borrow money at the end of the year to meet expenses?
Why or why not?
Assume bank interest on the note is $ 15000 / month Assume a depreciation expense of $ 15,000 in December
Answer the questions: Does the firm need to borrow money at the end of the year to meet expenses?
Why or why not?
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