In reviewing the financial statements of Digital Products Co. with a view to investing in the companys

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In reviewing the financial statements of Digital Products Co. with a view to investing in the company’s stock, you notice that net tangible assets total $1 million, that goodwill is listed as $100,000, and that average earnings for the past five years have been $20,000 a year. How would these relationships influence your thinking about the company? LO2

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Accounting The Basis For Business Decisions

ISBN: 9780070415515

5th Edition

Authors: Robert F. Meigs, Walter B Meigs

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