Question
Company B's owner frequently draws cash out of the business for his personal use. How might this affect the finances of the company? Inadequate working
Company B's owner frequently draws cash out of the business for his personal use. How might this affect the finances of the company?
Inadequate working capital
Decrease in liabilities
Decrease in profits
Decrease in spontaneous financing
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School Finance A Policy Perspective
Authors: Allan Odden, Lawrence Picus
5th Edition
0078110289, 978-0078110283
