Question: Davis, CPA, believes there is substantial doubt about the ability of Hill Co to continue ass a going concern for a reasonable period of time.
Davis, CPA, believes there is substantial doubt about the ability of Hill Co to continue ass a going concern for a reasonable period of time. In evaluating Hill's plans for dealing with the adverse effects of fulue conditons and events, Daves most liaely would consider, as a milopating factor, Hill's plans to:
A Accelerale research and development propects related to flume products.
B Acournlale treasury slock at prices trucrable to HEs tistonc price range
Negotiate reductions in required dwhends beirg paid on preferred slack.
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