The owner of Ebert Coffee Roasters Corp. seeks your advice as to whether he should cease...
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The owner of Ebert Coffee Roasters Corp. seeks your advice as to whether he should cease operations or continue the business. The following financial statements have been prepared as of August (Click to view the statement of retained eamings.) 2022. Click to view the income statement.) (Click to view the balance sheet.) Read the requirement. (Click to view the statement of cash flows.) To: Owner of Ebert Coffee Roasters Corp. Subject: Opinion of net income, dividends, financial position, and cash flows. Your first month of operations was successful Revenues totaled 277500 and net income was 191900 These operating results look The company able to pay a dividend, which should make you very with such a return on your investment. Your financial position looks secure as your Your stockholders' equity is Operating activities generated cash of which is as companies prefer to have their largest source of cash come from operating activities. You ended the month with cash of Based on the above facts, I believe you should + The owner of Ebert Coffee Roasters Corp. seeks your advice as to whether he should cease operations or continue the business. The following financial statements have been prepared as of August (Click to view the statement of retained eamings.) 2022. Click to view the income statement.) (Click to view the balance sheet.) Read the requirement. (Click to view the statement of cash flows.) To: Owner of Ebert Coffee Roasters Corp. Subject: Opinion of net income, dividends, financial position, and cash flows. Your first month of operations was successful Revenues totaled 277500 and net income was 191900 These operating results look The company able to pay a dividend, which should make you very with such a return on your investment. Your financial position looks secure as your Your stockholders' equity is Operating activities generated cash of which is as companies prefer to have their largest source of cash come from operating activities. You ended the month with cash of Based on the above facts, I believe you should +
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