Submit assignment as an Excel file or Word document. (Show all work.) Case Writi
Submit assignment as an Excel file or Word document. (Show all work.)
Case Writing Assignment (40 points)
Prepare the income statements and balance sheets for 2008 and 2009 assuming a 34% tax rate. Also, assume a payout ratio of 51% and a retention ratio of 49%.
Prepare the statement of cash flows for 2009.
In addition, submit a one-page essay based on answering the following questions: What role does honesty play in business? What are the consequences of unethical business practices and behavior?