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Stock

Cordelia and Shayan Accounting Firm

153 D’Amiler Road,
Mississauga, ON
L8Y 7UP
(905) 212-1122


February 15, 2003


Mrs. E. Farber
2665 Erin Centre Blvd,
Mississauga, ON
L5M 5H6


Dear Mrs. Farber,

Thank you for allowing our firm to assess the financial position of your business. After many thorough assessments and considerations, we have come to a conclusion that you would best benefit from the business if you sell it.

Judging from the assets and liabilities information that you’ve provided us with, your business is currently worth $75,700 (calculated from $138,200 worth of assets and $62,500 of liabilities). However, most of your assets have depreciated in value over the years of operating in the business, especially the two trucks that are over five years old. Therefore, in reality, your assets are not worth as much as they used to be. As well, your company has quite a large am...

Posted by: Margaret Rowden

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