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MBA The Significance of Financial Management Discussion

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MBA The Significance of Financial Management Discussion – Question Description

I’m working on a management question and need the explanation and answer to help me learn.

Balance Sheet Discussion 
Review the fictitious company Balance Sheet in Chapter 2: Table 2.1 in the textbook and Income Statement in Chapter 2: Table 2.2 based on a fictitious company. 

What do you believe the significance of each of these is for financial management? 
Why did you answer the way you did?

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