Did its total assets increase or decrease over the last, Financial Management

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Did its total assets increase or decrease over the last

Balance Sheet (Statement of Financial Position)

a) Did its total assets increase or decrease over the last year? What was the percentage change? What was the largest asset?

b) Identify the balance sheet accounts that were most significant in explaining the changes in total assets for the corporation? What events might explain the reasons for the changes in these accounts? Where did you get this information? (Note: Net Worth refers to total stockholders' equity.)

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