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Articles
For Bankruptcy Alternative, Know Your 'ABCs'
www.sulmeyerlaw.com
by David S. Kupetz, Partner, SulmeyerKupetz
An ABC is a business-liquidation device that can provide a graceful exit strategy for an insolvent debtor as an alternative to formal bankruptcy. It provides a framework for the wind-down of a company and payment of its creditors that helps minimize potential liability for directors and management.
[FULL STORY]
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Five Tips for Analyzing an Income Statement
by Christopher Mallon
In today's article, we’ll be looking at the income statement, which is the most deceptively simple of the major financial statements. I say simple because it’s just a list of all the revenue, minus all the expenses, to calculate what’s left over in profit. It’s no more difficult than putting your family budget together, right?
[FULL STORY]
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