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please solve and explain Quantitative Problem: Rosnan Industries' 2017 and 2016 balance sheets and income statements are shown below. Income Statements:The balance in the firm's

please solve and explain Quantitative Problem: Rosnan Industries' 2017 and 2016 balance sheets and income statements are shown below. Income Statements:The balance in the firm's cash and equivalents account is needed for op 2 answers

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