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Requirements a. Prepare an income statement and an owners equity statement for the year ending December 31, 2012, and a balance sheet at December 31.
Requirements a. Prepare an income statement and an owners equity statement for the year ending December 31, 2012, and a balance sheet at December 31. (Hint: Net income = $34,150; Ending capital = $47,650; Total assets $65,800)
b. Perform a DuPont analysis
c. Evaluate the Financial Performance of the Firm in terms of (1) Liquidity, (2) Asset Management, (3) Debt Management, and (4) Profitability
1. Minor Advertising Agency was founded by Brandon Minor in January of 2011 . Presented below are both the adjusted and unadjusted trial balances as of December 31, 2012. MINOR ADVERTISING AGENCY 1. Minor Advertising Agency was founded by Brandon Minor in January of 2011 . Presented below are both the adjusted and unadjusted trial balances as of December 31, 2012. MINOR ADVERTISING AGENCYStep by Step Solution
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