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Sam is an investor and he got a business plan from a startup company XYZ. XYZ is a VR device company that founded years
Sam is an investor and he got a business plan from a startup company XYZ. XYZ is a VR device company that founded years ago. In the financial statement part, Sam found the "income statement" indicated that XYZ had suffered losses for the past 2 years. Should Sam just give up XYZ company because it didn't make any money at all in the past years? Why or why not?
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Sam shouldnt necessarily give up on XYZ company solely based on the fact that it has experienced losses in the past two years Here are a few reasons w...
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Advanced Accounting
Authors: Gail Fayerman
1st Canadian Edition
9781118774113, 1118774116, 111803791X, 978-1118037911
