Total Liabilities and Equity
$733,000
Required:
1. Develop a Statement of Cash Flows for Just 4 Kids for the year ending December 31, 20×7.
2. Analyze the performance of Just 4 Kids based on the financial statements.
3. If you were Bill, how would you explain the issues, which could be brought up from the analysis completed in parts 1 & 2?
4. If you were Nick, would you approve the loan for Bill? Why or why not?
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