Please identify a company or entity that has experienced issues as a viable going concern or one that has recently gone defunct, or declared bankruptcy.
List and explain some of the aspects of the financial statements that should have been early warning for risk mitigation.
What would you have recommend to reduce the financial risks if the company is currently out of business, or what would you currently recommend if the business is still a going concern? (use Toys R Us as the company to be researched for bankruptcy)
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