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Usefulness of financial statements
Usefulness of financial statements
Usefulness of financial statements
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Court Case: Mayweather And Mcgregor Fight
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Recommended: Usefulness of financial statements
6. One disadvantage of using financial statements is the fact you cannot always provide people what they deserve due to cost. Greg said in many corporations certain repairs; equipment and pay raises have to be put aside, this is if the cost of production is too high and outweighs the revenue we make. One example was the Mayweather and McGregor fight. The fight was broadcasted on pay per view only and would have cost the company $9,000.00 to show the match. Greg mentioned that the cover charge per person would exceed $100.00 plus food and alcohol sales just to break even, this high cost was one of the reasons Quaker did not show the fight. 7. During the interview, Greg used many terms discussed in class including: revenue, labor cost, capital,
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