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HIsPoCratiC HIsPoCratiC
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7 years ago
Mary Ann is considering buying an existing catering business that is up for sale. The current balance sheet of the business shows that there are has more liabilities than assets. Mary Ann's friend Roland suggests that, even with the negative owners' equity, this business might still be worth buying. What other indicators within the auditor's report should they consider for this decision?
Textbook 
Business Essentials, Canadian Edition

Business Essentials, Canadian Edition


Edition: 8th
Authors:
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CavenCaven
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#1
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7 years ago
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HIsPoCratiC Author
wrote...

7 years ago
Good timing, thanks!
nicolepope23
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
DaiwalkerX
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2 hours ago
You make an excellent tutor!
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