14. This question reviews some of the difficulties encountered in interpreting accounting numbers. a. Give four examples

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14. This question reviews some of the difficulties encountered in interpreting accounting numbers.

a. Give four examples of important assets, liabilities, or transactions that may not be shown on the company’s books.

b. How does investment in intangible assets, such as research and development, distort accounting ratios? Give at least two examples.

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Principles Of Corporate Finance

ISBN: 9780071314176

10th Global Edition

Authors: Richard Brealey

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