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  3. v\ homework assignment: for hw1 you \table[[a,b,c,

v\ Homework Assignment: For HW1 you \table[[A,B,C,D,E,F,G,H,I],[#NAME?,2016 Actual 017 Forecast,2017 Actual,\table[[\table[[$ Change 16],[vs 17],[Forecast]]]],\table[[$ Change...

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Accounting

v\ Homework Assignment: For HW1 you \table[[A,B,C,D,E,F,G,H,I],[#NAME?,2016 Actual 017 Forecast,2017 Actual,\table[[\table[[$ Change 16],[vs 17],[Forecast]]]],\table[[$ Change 16],[vs 17 Actual]],\table[[STANDARDI],[ZED 2016 A]],\table[[STANDARDI],[ZED 2017 F]],\table[[STANDARDI],[ZED 2017 A]]],[Income Statement],[Net Sales,1,555,800,1,873,000,2,540,600,,,,,],[Cost of Goods Sold (COGS),1,012,500,1,183,000,1,685,200,,,,,],[Gross Profit,543,300,690,000,855,400,,,,,],[Operating expenses,434,800,522,000,670,400,,,,,],[Operating Profit,108,500,168,000,185,000,,,,,],[Tax,52,000,80,000,89,300,,,,,],[Net Income,56,500,88,000,95,700,,,,,],[Dividend,30,000,45,000,45,000,,,,,],[Retained Earnings,26,500,43,000,50,700,,,,,],[Other relevant information],[Purchases,1,052,000,1,217,000,1,924,500,,,,,],[Depreciation,2,600,5,000,5,500,,,,,]]will use the P&C case. You need to (1) create two Statements of Cash Flow -2017 forecast and 2017 actual) and (2) type your explanation for items on the Statement of Cash Flows where you identify BIG deviations to have occurred. In other words, I want you to think why these deviations happened and provide your explanation.
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