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Unformatted text preview: getting the law passed. This will not only affect the cost of shipping goods out to distributors but also expect a rise in prices from suppliers as they will be facing the same issues The new health care bill will increase the cost of covering employees or will result in fines. All the above will very likely have a negative effect on the economy which means sales could suffer and with the new taxes and health care costs could cause an employer to have to contemplate letting some of the workforce go. This could result in unemployment insurance payments to kick in. If the economy falters and the stock market takes another hit, the value of the company stock could also take a hit. In times of apparent financial distress, a company may also face higher interest rates on money borrowed....
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This note was uploaded on 03/15/2012 for the course ACC 250 250 taught by Professor Connie during the Spring '11 term at University of Phoenix.
- Spring '11