Orion Inc. was started as a small organization with five emp…
Orion Inc. was started as a small organization with five employees. After the first year’s profits were made, the owners decided to invest the profits in expanding the business. This is an example of financing the business using
Read DetailsLarry owns a successful business called Super Car-Hire. He p…
Larry owns a successful business called Super Car-Hire. He plans to sell it to Bob. Bob assumes that he can keep up the high revenues if he can plan and execute the mission of the business well. Which of the following basic accounting concepts is reflected in Bob’s assumption?
Read Details