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Consequences of taxes when financing a new project

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Reference no: EM132778853

1-Why is it important to consider the consequences of taxes when financing a new project? Can you think of a situation in your own personal finances where taxes might influence whether you choose to make a purchase?

2-When looking at the income statement for your firm, you notice that your Cost of Goods Sold was $1M in 2012, $1.2M in 2013 and $2M in 2014. How will you determine if there is an issue you should be worried about? What other types of financial statements might you look at to see if there is an issue and why?

BE specific, explain in detail, and state your sources.

Reference no: EM132778853

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