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1. How to develop a reflection on the effect of each transaction on assets, liabilities, and stockholder's equity.

2. Ratio analysis can give a very good basic analysis of a company’s performance, but not everything. Having completed a ratio analysis, what next steps are necessary to expand your knowledge? How would go about this?

3. Which of the following does not constitute a property tax relief measure? A) deferrals B) exemptions C) all of the above constitute property tax relief measures.

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