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question 14

Essay

$\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ Hard Knock Doors
$\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ Selected financial information ($ thousands)
$\begin{array}{lcrrrrr}&2008&2009&2010&2011&2012&2013\\\hline\text { Sales } & \$ 477.84 & \$ 491.62 & \$ 706.52 & \$ 792.01 & \$ 876.52 & \$ 1,088.46 \\\text { Net income } & - & 43.27 & 26.31 & 28.58 & 34.84 & 25.76 \\\text { Total assets } & - & 477.06 & 648.42 & 664.26 & 697.16 & 982.63 \\\text { Equity } & - & 346.32 & 372.63 & 400.41 & 433.60 & 457.14 \\\text { Dividends } & - & - & - & 0.80 & 1.65 & 2.22 \\\hline\end{array}$
-Please refer to the selected financial information for Hard Knock Doors above.Do you think Hard Knock Doors is having a problem financing its growth? If so,what is it doing to address the problem?

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Definitions:

Oldest Terrain

The oldest exposed areas of the Earth's crust, which have survived weathering, erosion, and tectonic activity over vast geological timescales.

Alien World

A term often used to describe planets or moons outside of Earth that posses environments and characteristics markedly different from those found on Earth.

Slope Failure

Refers to the down-slope movement of soil, rock, or debris due to gravity, often leading to landslides.

Rift

A linear zone where the Earth's crust and lithosphere are being pulled apart and is an area of seismic activity and volcanism.