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Topic: Business
Number of pages / Number of words: 4 / 1035
Essay's paper body

And they will most likely raise the price of the prototypes to gain more revenue.

I think Chemalite, Inc. should continue doing business for sure. All of my statements below illustrate their positive cash flow and useful investing. They are profitable and will soon do even better, I believe.

I. Summary of cash transactions for the first six months:

1/2/03 Patent 125,000

Cash 375,000

Common Stock 500,000

1/15/03 Organization Costs/Expenses 7,500

Cash 7,500

6/15/03 Machinery 62,500

Cash 62,500

6/24/03 Raw Materials/Inventory 75,000

Cash 75,000

II...


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Summary of cash transactions for the first six months:

1/2/03 Patent 125,000

Cash 375,000

Common Stock 500,000

1/15/03 Organization Costs/Expenses 7,500

Cash 7,500

6/15/03 Machinery 62,500

Cash 62,500

6/24/03 Raw Materials/Inventory 75,000

Cash 75,000

II. Balance Sheet through June 30, 2003:

Assets: Liabilities and Equities: a

Cash $230,000 Common Stock $500,000

Inventory 75,000 Retained Earnings (7,500)

Machinery 62,500

Patent 125,000

TOTAL ASSETS $492,500 TOTAL EQUITY $492,500

III...


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General points of the essay

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