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Andrei [34K]
3 years ago
15

After working for a large firm for several​ years, tyler started his own landscaping design business.​ however, he soon ran out

of money and was forced to close the business because he​ couldn't pay the expenses of the firm along with his personal expenses. based on this​ information, what is the likely reason for​ tyler's business​ failure
Business
1 answer:
geniusboy [140]3 years ago
7 0
<span>Due to inadequate financial planning and backing, Tyler's business was unable to cover it's various operating costs. Too few years of experience working in the field likely led to his inadequate knowledge of operation costs and thus the failure of his firm.</span>
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Answer:

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Explanation:

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Based on the data below, how would the inventory appear on the balance sheet, assuming that the lower of cost or market is used
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On the balance sheet, the inventory would appear as:

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In the notes to the accounts, the method of determining the cost and the method of valuing the inventory would be disclosed.  It is not disclosed on the balance sheet, but on the notes to the accounts.

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4 years ago
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$38,000

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We simply applied the above formula so that the adjusted basis could come

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