Problem Set 2 essay paper

Problem Set 2

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use.

Effect of Problem Set 2 Expansion on Assets

Current assets and net fixed assets each grew by over 20%, much more than sales grew.

AR and inventory almost doubled.

Taking longer to collect

Unsold products (Problem Set 2 or unused raw materials) in warehouses

Cash and short-term investments fell.

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Balance Sheet: Liabilities & Equity
(Millions of Problem Set 2 Dollars