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Margie's Flower Shop Is Interested in Improving Her Performance in the Area

Question 153

Essay

Margie's Flower Shop is interested in improving her performance in the area of financial areas.This interest came about after Margie had her year-end financial statements prepared and,although she had net income,her cash flow was inadequate.Margie has discussed her problems with her neighboring store,an auto supply retail store.
Required:

List five financial processes that Margie and the auto supply business have in common.

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