"How do you start a business? How do you determine whether your business is making or los- ing money? How should you finance expansion-should you borrow, should you issue stock, should you use your own funds? How do you convince banks to lend you money or investors to buy your stock? Success in business requires making countless decisions, and decisions require financial information. The purpose of this chapter is to show you what role accounting plays in providing finan- cial information"--
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"How do you start a business? How do you determine whether your business is making or los- ing money? How should you finance expansion-should you borrow, should you issue stock, should you use your own funds? How do you convince banks to lend you money or investors to buy your stock? Success in business requires making countless decisions, and decisions require financial information. The purpose of this chapter is to show you what role accounting plays in providing finan- cial information"--
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