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Good questions...both.....there is probably no right answer for the "numbers vs. process" questions...I guess that if you see plenty of data...do the numbers...if data seems to be insufficient...focus on the process (and do what ever number you can...just to be safe).

Regarding question12.A (liquidity)...I think this is an error.....just like you mentioned they will get $65K plus $40...not enough to cover $150 (unless they mean $65 X 2...but I highly doubt it).

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