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Question: Analyze trends in the fitness industry, and explain how they might affect Northwest and Bryan's future decisions.
Does Northwest have a competitive advantage?
Prepare projected statement of earnings and projected balance sheet for the period ending July 31, 2019?
Provide a brief analysis of your projections?
As Bryan, what would your decision(s) be for the future of the fitness studio?
Attachment:- Northwest.rar
Assume that the error is not discovered until 2012 and that a periodic inventory system is used. Ignore income taxes.
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Depreciation is computed to the nearest month and no residual values are used.
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Olga Conrad, a financial writer, noted recently, "There are substantial arguments for including earnings projections in annual reports and the like.
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Worksheet, Income Statements, and Schedule of Cost of Goods Manufactured and Sold
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