Which of Pereiras statements about Miland Communications is most likely a warning sign of potential earnings manipulation?

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Which of Pereira’s statements about Miland Communications is most likely a warning sign of potential earnings manipulation?

A . Th e trend in inventory turnover B . Th e trend in receivables turnover C . Th e amount of net income relative to cash fl ow from operations

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International Financial Statement Analysis Workbook

ISBN: 9781119628095

4th Edition

Authors: Thomas R. Robinson, Elaine Henry, Wendy L. Pirie

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Question Posted: Mar 29, 2024 01:01 AM

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Which of Pereiras statements about Miland Communications is most likely a warning sign of potential earnings manipulation?

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C is correct Net income being greater than cash fl ow from operations is a warning sign that the fi ...View the full answer

International Financial Statement Analysis Workbook

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