Memo - Case study -

1- For Income Statement "List the account from the largest to the smallest. 
2- for Balance Sheet use the "Vertical Design", and list the account in the Current Assets in terms of liquidity and do the same things for the accounts under Labi..
3- Prepare the Cash Flows Statements using indirect method.
4- Explanation of the similarities and differences between the Income Statement and Statement of Cash Flows. 
- What type of information is each statement conveying? 
- Be specific and provide at least two examples.

Please don't miss to write all the similarities and differences between them!

5-Explanation of what you suggest to Nathan and Kenneth regarding future operations of the business. - What would you do differently to enhance future operations and profitability?


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