quantitative research yields
George and Val set up a company together to trade as decorators. George owns athree-year-old van which he puts into the company instead of cash for share capital.Val puts in€2000 in cash and they agree the van is worth€2000. They have nopremises as such. Materials are stored in their home garage or left in thevan. In thefirst month of business the following transactions take place:
quantitative research yields