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However, the overall economic conditions in the marketplace made year eight a struggle. The price of coffee increased and there was more competition.
The product is still viable. If the corporation wants to stay in business, however, changes must be made. Otherwise, bankruptcy is looming in the future.
The corporation has assets that consist of real property (land and building that house the main coffeehouse and corporate headquarters), equipment, inventory, accounts receivable, modest holdings, and cash accounts. The majority of the assets are not liquid. The real property is mortgaged and used as collateral on two other secured credit transactions...
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