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You and your business partner have just launched your own company. Business is going very well, and the two of you are now trying to

You and your business partner have just launched your own company. Business is going very well, and the two of you are now trying to make decisions about marketing and production and accounting. Regarding accounting, your partner has expressed the opinion that the company has little need for gathering financial information about what has happened in the pastthe company needs to be focused on the future. State at least two reasons a company needs information about past

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