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Review the fictitious company Balance Sheet in Chapter 2: Table 2.1 in the textbook and Income Statement in Chapter 2: Table 2.2 based on a

Review the fictitious company Balance Sheet in Chapter 2: Table 2.1 in the textbook and Income Statement in Chapter 2: Table 2.2 based on a fictitious company.

What do you believe the significance of each of these is for financial management?

Why did you answer the way you did?

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