Kristin Stokes and Marikay Blair both graduated from State University in June 2007. After graduation, Marikay took
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Kristin: Marikay, good to see you again.
Marikay: Yes. It doesn’t seem like it’s been almost a year since we graduated.
Kristin: That’s for sure. It seems like only yesterday we were listening to that boring commencement speaker. I don’t even remember his name . . . Robert somebody. Are you still working for PricewaterhouseCoopers?
Marikay: Yes, it’s been a great year. I’ve worked on 13 companies . . . it’s been a fantastic learning experience. Each client has a different culture, management team, problems, and personality. I’ve learned something new every day. How about you? Are you still working for Kleen Electronics?
Kristin: No, I quit after six months. My customers really didn’t know what they needed for computer systems . . . so . . . I quit and started a consulting business. I feel like I’m helping my customers more now than I did before. Besides, I like being my own boss.
Marikay: What’s the name of your business?
Kristin: Stokes Consulting. It’s been amazing. I started with my savings of $5,000 six months ago. My last bank statement showed I’ve got more than $45,000—”pure profit” of $40,000 in only six months.
Marikay: That’s unbelievable! If you ever need a CPA firm, keep us in mind.
Kristin: Sure. What are friends for anyway?
Comment on Kristin’s statement that she’s earned $40,000 “pure profit” in only six months.
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Related Book For
Financial Accounting An Integrated Statements Approach
ISBN: 978-0324312119
2nd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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