Josh and Ben Shaw are brothers. They each have $75,000 to invest in a business together: Northern

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Josh and Ben Shaw are brothers. They each have $75,000 to invest in a business together: Northern Canadian Extreme Adventures. They estimate that an additional $200,000 is required to get the business operating but have yet to determine how to get this additional financing.


Required

Using the elements of critical thinking described on the inside front cover, comment. To get started, consider the following framework to organize your response:

• Problem:

• Goal:

• Principles:

• Facts:

• Conclusions/Consequences:

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Fundamental Accounting Principles Volume II

ISBN: 978-1260305838

16th Canadian edition

Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann

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