CI6.14. OnJanuary 29, 1999, TheWall Street Journal reported: Sears,Roebuck &Co.is moving toward moreconservative accounting methods usedbycompeting creditcardissuers,
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CI6.14. OnJanuary 29, 1999, TheWall Street Journal reported: "Sears,Roebuck &Co.is moving toward moreconservative accounting methods usedbycompeting creditcardissuers, which willboostitsloanlosses byabout$200million during thenext 5 quarters." Whateffectshouldthisnewpolicy havehad on future returnon net operating assets?
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Related Book For 
Financial Statement Analysis And Security Valuation
ISBN: 9780071267809
4th International Edition
Authors: Penman-Stephen-H, Steven Penman
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