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A company giving scenic rides over the city in a helicopter has decided to close their business. The helicopter is for sale. Financing of this purchase would be either by borrowing or by obtaining new investors.

Discuss with your group the advantages and disadvantages of each form of financing expansion. Be sure to determine the effect on the financial statements and various ratios. Recommend whether DreamJay should expand, and if so, how the helicopter should be purchased.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9800820

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