Company officials searching for a way to avoid bankruptcy raised cash with off-the-balance-sheet loans and overstated results

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Company officials searching for a way to avoid bankruptcy raised cash with off-the-balance-sheet loans and overstated results by inflating capital expenses and hiding debt. The company’s stock traded on Wall Street. Send an e-mail to your instructor evaluating the actions taken to avoid bankruptcy. Use the guidelines from this chapter for your evaluation.
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Business Communication

ISBN: 978-1439080153

8th edition

Authors: Buddy Krizan, Patricia Merrier, Joyce P. Logan, Karen Schneiter Williams

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