Question: Elite Services Company may have been successful in its first month of operation. The company generated revenue from sales, managed to pay employees, and paid

Elite Services Company may have been successful in its first month of operation. The company generated revenue from sales, managed to pay employees, and paid a dividend. It is essential to consider, though, that the company relied heavily on the sales of common stock to fund the business. The true testament to its success is when the operation generates enough revenue to sustain and broaden the operations

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