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Cash Out (Accounting)

Date Submitted: 02/24/2001 13:06:46
Category: / Literature / English
Length: 4 pages (977 words)
Acct. Term Paper "Cash Out" In an October 1998 issue of "Fortune Magazine" in the finance section, an article entitled "Cash Out on Your Own Terms" speaks about a relatively old concept refined for a new market. In the centuries past, wealthy landowners would allow working farmers to live and work on their land and tend the crops and cattle for a portion of the goods and maybe a portion of the profit. The farmer was …
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…read this "Fortune" article that I grasped the whole concept. From what I had perceived before this market niche isn't looked highly upon by many people. Some small-businesses may think that these companies perform forceful buyouts and therefore big business destroys small-business. My reason for selecting this topic is because I now realize after researching this subject that it is because of market inventions like this one that our country is the land of opportunity.
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