1) "Describe how a recession would impact the balance sheet of a manufacturing company" 2) How would a decrease in net income affect a company's 3 financial statements"
Anonymous
1) Buzz words: Excess Capacity, Asset Depreciation, Increased Inventory, Decreased cash flow from operations - just walk through affects to the 3 income statements, its intuitive if your an Econ + Finance major, 2) Buy a vault guide and study it
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