Refer to Question 2.47. What if your aunt instead gave you $100 000 and you were interested

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Refer to Question 2.47. What if your aunt instead gave you $100 000 and you were interested in investing this amount in Cafe´ Revive?

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Would this change your answers to Question 2.47? Why or why not?

Question 2.47

Suppose your wealthy aunt gave you and your cousins $10 000 each. Assume for a moment that you are not associated with Cafe´ Revive, and that you are considering loaning the $10 000 to Cafe´ Revive.

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Accounting Information For Business Decisions Accounting

ISBN: 9780170446242

4th Edition

Authors: Billie Cunningham, Loren A. Nikolai, John Bazley, Marie Kavanagh

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