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After the IPO, CanGo is a much different company than it was before. However, CanGo's accounting practices do not yet fully reflect this change. This is a problem since using the same income statement format, and comparing results before and after the IPO, may prove confusing or misleading.

In the Introductory Video, CanGo's management team has met to discuss the unsatisfactory results of operations for the first full quarter after the IPO and entry into online gaming. They don't believe that CanGo's situation is as bad as it appears, but what will investors think? As you watch the video, think about how the use of the right kind of financial statement might help solve their problem.

Click on the video window now to view the Introductory Video.

 
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