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BE15-2 Drew Carey Corporation reported the following amounts in 2007, 2008, and 2009

BE15-2 Drew Carey Corporation reported the following amounts in 2007, 2008, and 2009
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Solution Guide / Answer Key:

ACCOUNTING

Brief Exercise 15-2 (BE15-2) Drew Carey Corporation reported the following amounts in 2007, 2008, and 2009.
2007 2008 2009
Current assets 200,000 230,000 240,000
Current liabilities 160,000 168,000 184,000
Total assets 500,000 600,000 620,000

Instructions
(a) Identify and describe the three tools of financial statement analysis.
(b) Perform each of the three types of analysis on Drew Carey’s current assets

 

FILE: MS WORD

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