Janis Ford, a business major,

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Wnfvz80

Business Finance

Description

Janis Ford, a business major, is working on a case problem for one of her classes. In this case problem, the company needs to raise cash to market a new product it developed. Mark Gordon, an engineering major, takes one look at the company’s balance sheet and says, “This company has an awful lot of goodwill. Why don’t you recommend that they sell some of it to raise cash?”  How should Janis respond to Mark?

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