What are the two basic stages in evaluating the financial health of a firm?
A) an audit of the inventory's value and an evaluation of accounts receivable
B) a review of the personal assets of the owner of the business and a business valuation
C) a review of financial information and an appraisal of the firm
D) a review of profit trends for the past five years and a search of any lawsuits against the business
Correct Answer:
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