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Case Study * detailed* (Dr. Archimedes)
***Dr. Archimedes ***
PLEASE SEE ATTACHED FILE
This exercise will test your abilities to recognize and organize items in the two main financial statements.See the attachment to this exercise. You are to take the items listed for the P&L and the Balance Sheet and reorganize them into the proper form for each statement. Those items with no $ value will need to be calculated. Submit the statements and BRIEFLY indicate:1. Is the company profitable2. Does the Balance Sheet reflect a company that is sound financially.