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By using the financial statements of TRAVELERS for the last three years ((2017, you will need for lags), 2018, 2019, and 2020): a) Make the

By using the financial statements of TRAVELERS for the last three years ((2017, you will need for lags), 2018, 2019, and 2020): a) Make the financial planning and forecast the financial statements (balance sheet, income statement, cash flow statement) for the next three years by using the percentage of sales method and by making the necessary assumptions (for interest rates on loans; growth rates, tax rates etc

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