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QUESTION

Use the 2002 Financial Statement data to replicate the Meyer's report calculations that illustrate the following conclusion based on the 2001 data...

Use the 2002 Financial Statement data to replicate the Meyer's report calculations that illustrate the following conclusion based on the 2001 data reached in the report: eBay has never been profitable. Why? Why not? Do you agree with Meyer's report concept of "unfettered" cash flow? Why? Why not? What other conclusions can you reach about the company from the case study?

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