What evidence do you observe from analyzing the financial, Financial Accounting

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What evidence do you observe from analyzing the financial

Case: FLY-BY-NIGHT INTERNATIONAL GROUP: CAN THIS COMPANY BE SAVED?

Required

Study these financial statements and notes and respond to the following questions:

a. What evidence do you observe from analyzing the financial statements that might signal the cash flow problems experienced in mid-Year 14?

b. Can FBN avoid bankruptcy during Year 15? What changes in the design or imple- mentation of FBN's strategy would you recommend? To compute Altman's Z-score, use the low-bid market price for the year to determine the market value of common shareholders' equity.

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Financial Accounting: What evidence do you observe from analyzing the financial

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