Friday, December 10, 2010

connections 3

In chapter 17 we discussed accounting in a business. I did not know much about accounting before we started this chapter, but i know i lot more now. I was reading an article online the other day and saw a local business in Houston had failed due to poor financing (The former owner was talking about it). He was being interviewed saying it is really important to make sure your money is in the right places and planned where to be. This reminded me of how managers are SUPPOSED to use accounting to plan future business like taught in chapter 17. So maybe if this guy would have looked at his financing closer he would still be in business.....(He needs to take a intro to business class)...taught by the best teacher at blinn...Bethany Adams!!

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