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Financial Accounting Vertical Analysis

Financial Accounting Vertical Analysis

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Published by ClassOf1.com
Marty “Monk” Fisher owns the largest motorcycle dealership in southern Ohio. Recently, he was approached by Bob Sherman, founder of Mandrake Motorcycles, and offered the opportunity to be the sole distributor of Mandrake cycles in the state. Acceptance of the offer will require Monk to open a dedicated Mandrake showroom and repair facility and, obviously, stock Mandrake cycles and parts. Monk is quite impressed by the Mandrake product but before making a major investment, he wants to be confident that the company will be around for “the long haul.” Accordingly, he has asked you to analyze the audited financial statements of Mandrake for the pervious two years.
Marty “Monk” Fisher owns the largest motorcycle dealership in southern Ohio. Recently, he was approached by Bob Sherman, founder of Mandrake Motorcycles, and offered the opportunity to be the sole distributor of Mandrake cycles in the state. Acceptance of the offer will require Monk to open a dedicated Mandrake showroom and repair facility and, obviously, stock Mandrake cycles and parts. Monk is quite impressed by the Mandrake product but before making a major investment, he wants to be confident that the company will be around for “the long haul.” Accordingly, he has asked you to analyze the audited financial statements of Mandrake for the pervious two years.

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Categories:Types, School Work
Published by: ClassOf1.com on Feb 01, 2013
Copyright:Attribution Non-commercial
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07/04/2013

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