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WHAT WOULD YOU DO 5-5 (Helping a Friend) You are working for a public accounting firm when your best friend, Joan, sends you an email

WHAT WOULD YOU DO 5-5 (Helping a Friend) You are working for a public accounting firm when your best friend, Joan, sends you an email asking for help. Joan and her husband have found a great business opportunity and have obtained the last three years' tax returns, lease information, and financial statements for the business. They have already decided that this is a terrific opportunity, and, since you have known each other since childhood, they don't trust other professionals as much as they do you. They really want your advice as to whether it is a good idea to buy and if the price is right. You have never done anything like this, but, as you look at the statements, this business opportunity really does look like a steal. How would you advise Joan?

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