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Unformatted text preview: Construct the balance sheet for the year 2006 and 2007 Construct the statement of cash flow for the year 2007 Construct the common-size income statement and balance sheet From the common-size statement, what can you summarize about the firms total profitability in 2007 compared to 2006? From the common-size statement, what can you summarize about the firm debt and equity structure in 2007 compared to 2006? Note: Please keep this work because you need to use this exercise for the next chapter....
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- Spring '11