Combination of debt-equity and stock to finance a project
Question: What are the advantages and disadvantages to using a combination of debt, equity and stock to finance a project?
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Question 1. Journalize each of the transactions for September. (Omit explanations.) Question 2. Interpretive Question: If the business owners wanted to know at any given time how much cash the company had, where would you tell the owners to look?
Record the above transactions in general journal format. (Omit explanations.)
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Stan Fawcett's company is considering producing a gear assembly that it now purchases from Salt Lake Supply, Inc. Salt Lake Supply charges $4 per unit with a minimum order of 3,000 units.
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