To determine how much capital the company needs to expand, the company should estimate the associated costs.

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To determine how much capital the company needs to expand, the company should estimate the associated costs. Such as; estimate the cost for leasing space, build the building by the company, hiring staff, and procuring additional inventory.

My question is do you think the company should look to the income statement and the balance sheet before its start the expansion? Why?

Related Book For answer-question

Intermediate Accounting

ISBN: 978-0132612111

Volume 1, 1st Edition

Authors: Kin Lo, George Fisher

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Posted Date: Mar 30, 2023 07:19 PM

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To determine how much capital the company needs to expand, the company should estimate the associated costs.

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Expert Answer:

Yes it is important for the company to look at both the income statement and the balance sheet befor... View the full answer

Intermediate Accounting

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