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Assignment: In order to understand what is going on in Aspire Métaux:
a. Calculate the cash generated by Aspire in 1990 and 1991. How do you explain the cash levels with the declared profits?
b. Construct the 1992 accounts and cash generated under the various future scenarios that M. Gagnon can envisage. In particular, what would you advise him to do about the collection period proposal of M. Delacroix?
Information related to above question is enclosed below:
Attachment:- AspireMetaux2019.rar
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