ACC 206 Week 5 Final Paper Principles of Accounting (Ashford University)

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ACC 206 Week 5 Final Paper Principles of Accounting (Ashford University) ABC Company is a firm that concentrates on the manufacturing of cedar roofing and siding shingles. The company is looking ... into widening its business interests in order to achieve target growth goals. ABC Company plans to open new product lines in order to achieve those targets; although the Company believes that it will incur enormous expenses opening new production lines, it is confident that the additional revenues generated by the planned growth will make up for the additional costs the initial investment will generate. Planning to make cedar dollhouses out of scrap shingles, ABC Company believes that it will be able to generate revenue of higher than $3 million over the proceeding three years, compared to the $1.2 million it currently makes in its established product lines. A risk profile will tell investors the “Organization''s willingness to take riskes, as well as the threats to which the same is exposed (Investopedia, 2015). [Show More]

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