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Essay text:
Mouse that the company is operating well and get his investment. Therefore, she will prefer accounting policies that are aggressive in recognizing revenue and minimizing expense.
2. Mr. Mickey Mouse: As a potential investor of the company’s 40% value, Mr. Mouse wants a fair presentation of financial situations of the firm and a financial statement that has future cash and profitability predictions value – one that is relevant and reliable.
3. Bankers: As a creditor of $200,000 loan to BML, bankers need a fair presentation of financial situations, just like Mr. Mouse. Meanwhile, they want BML to comply with GAAP as much as possible, although not necessarily required...
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Common topics in this essay:
- Cost and Revenue Curves
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- Revenue Management
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