You are a start up in the highly competitive smart phone market. Your introductory offering...
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Accounting
You are a start up in the highly competitive smart phone market. Your introductory offering to the marketplace was well received and sales were more than very good. You have two options: reinvest the profits into new equipment or invest in R&D. Give the pros and cons for doing each option. Also, are there any creative financing options available for R&D that would allow you to do both?
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