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Choose a publicly traded company doing business in Puerto Rico: Select from one of the following three sectors: manufacturing, service, or retail sales. Compute the quick and current liquidity ratios, the DuPont ratio, profit margin, asset utilization, and financial leverage for your chosen company.
· Write a paper in no more than 700 words in APA format discussing how measurement conventions (IASB and FASB) affect presentations. If your chosen company uses the cash basis of accounting, how would that differ from the accrual basis?
· Include in your paper a discussion on the four financial statements used at the company. How might changing one of the financial statements affect the other financial statements? Why is it essential to understand the relationship between the financial statements?
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