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How is the income statement related to the balance sheet

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Reference no: EM131730273

1. How is the income statement related to the balance sheet?

2. Discuss the Enron situation. Why did it have such a widespread impact?

3. What is the major difference between liquidity ratios and solvency ratios?

4. What are the three major ratios used by investors? What does each of them measure?

Reference no: EM131730273

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