Business, 04.07.2020 22:01 natalie2sheffield
Many companies believe that a going- concern opinion is a self- fulfilling prophecy that is, when a company receives a going- concern opinion, customers will not purchase products with warranties, suppliers will not provide short- term credit, and investors and creditors will not invest or loan). Would GM’s going- concern opinion influence your decisions regarding either purchasing a car from GM or investing in GM’s stock? Is a going- concern a self- fulfilling prophecy?
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Many companies believe that a going- concern opinion is a self- fulfilling prophecy that is, when a...
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