You are a junior executive of a large mining company and had been asked to show how
Question:
You are a junior executive of a large mining company and had been asked to show how the performance (as measured in terms of profitability) of the company has been improving over the past ten years. You subsequently collected financial performance information from the previous ten years and placed it on a graph. A trend of ongoing improvements in profits was apparent and everybody was very happy. The question is, should you have supplied such a graph to your company without some adjustments?
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Simply showing how reported profits have improved over ten years as a basis for showing how financia...View the full answer
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