The Internet stock market bubble of the late 1990s led to one of the worst financial crises in U.S. history. Banks lost billions of dollars as Internet companies went bankrupt

Interest earned on a note receivable was not recorded.

a. Assets and owner's equity overstated b. Assets and owner's equity understated c. Assets overstated and owner's equity understated d. Assets understated and owner's equity overstated e. Liabilities and owner's equity overstated

Discuss the basics of a framework for selecting target markets highlighting the salient features of David Arnold's framework

What will be an ideal response?