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 Business Management

Referencing Styles : Harvard

Sharon Rock, assistant accountant for Brady Industrial Products, was discussing the finalisation of the financial statements of the business as at 30 June 2018 with the accountant of the business, Tim O’Shea. Both agreed that everything appeared to be in order. Sharon, however, had noticed that a large loan had been taken out by the owner with Localtown Bank and that, as part of the loan agreement, Brady Industrial Products was to maintain a ratio of current assets (less inventories) to cu ...

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