Intro to Business

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  • Where is that Balance Sheet and Income Statement Mr. Williams?
  • I am almost done with it Boss.
  • It better make it to my office in one hour or you're fired
  • I should have worked in the stock market
  • This is crazy, we have a net loss of three hundred thousand dollars. He will fire me for sure.
  • -$300,000
  • We are running low on funds sir. We need more cash, sell some of your assets to make more money.
  • Sir, we don't have enough revenue to keep up with the expenses. We have a net loss.
  • That is impossible. What about the income Statement.
  • How do you suppose we get a net income?
  • We have more liabilities than assets, we will need to make a transaction to get rid of the accounts payable to Lowes, Home Depot, and Best Buy.
  • Riley Nichols
  • You're fired
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