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Use the Financial Statements in Appendix A of the Williams et al. text to complete the comprehensive problem. This is an individual assignment. Grading Criteria:
Use the Financial Statements in Appendix A of the Williams et al. text to complete the comprehensive problem. This is an individual assignment.
Grading Criteria:
- Provides accurate information relating to Part I for Operating Activities, Investing Activities, and Financing Activities (10 points)
- Provides a justified recommendation regarding Part II regarding the decision to extend credit (10 points)
- Provides accurate information relating to Part III regarding percentage change in net sales, net earnings, gross profit, return on average total assets, and return on average total equity (10 points)
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