The reported net income of Suntan Corporation for the second quarter of 2001 was 20 percent higher

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The reported net income of Suntan Corporation for the second quarter of 2001 was 20 percent higher than for the first quarter. How would you determine if this was good news or bad news?

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Financial Accounting A Decision Making Approach

ISBN: 9780471328230

2nd Edition

Authors: Thomas E. King, Valdean C. Lembke, John H. Smith

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