Greenbloom Garden Centers is a small, privately held corporation that has two stores in Orlando, Florida. The Greenbloom family owns $100$ percent of the company$$s stock, and family members manage the operations. Sales at the company$$s stores have been growing rapidly, and there appears to be a market for the company$$s sales concept$$providing bulk garden equipment and supplies at low prices. The controller prepares the company$$s financial statements, which are not audited. The company has no debt but is considering expanding to other cities in Florida. Such expansion may require long$-$term borrowings and is likely to reduce the family$$s day$-$to$-$day involvement in all of the company$$s operations. The family does not intend to sell stock in the company