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Identify the various classifications such as current assets

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Reference no: EM132478825

Point 1: Reading a financial statement in today's business world is not limited to accounting personnel. Anyone involved with making business decisions must have a firm grasp of the parts of financial statements.

Question 1: By reviewing published financial statements of a department store, identify the various classifications, such as current assets; current liabilities; and property, plant, and equipment. Then identify and share three observations or assumptions you can make about the company from your review.

Reference no: EM132478825

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