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Summarize how the following information about Clash Corp.s restructuring would affect the balance sheet and income statement summary chart below. Clash Corp.'s restructuring will take approximately 18 months and was announced on March 15, 2006:
Social Media
Digital platforms and websites that allow users to create, share content, or participate in social networking.
Podcasting
A digital medium in which audio or video content is produced and distributed through various online platforms, allowing for episodic content consumption.
Prepared Script
A written document containing the dialogue, actions, and directions that are to be followed in a performance or presentation.
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Brief presentations or demonstrations of a product, service, or piece of content before it is fully released to elicit interest or feedback.
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