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2. For the firms in Problem 1, you have been asked to make a report to the management of Firm A. What are some of
2. For the firms in Problem 1, you have been asked to make a report to the management of Firm A. What are some of the caveats relating to accounting practices would you include in the report? Which numbers should be interpreted cautiously? 3. For the data in Problem 1, suppose that Firm B is a foreign firm. What additional caveats would you place on interpretation of the data? Sales 1,200,000 900,000 2. For the firms in Problem 1, you have been asked to make a report to the management of Firm A. What are some of the caveats relating to accounting practices would you include in the report? Which numbers should be interpreted cautiously? 3. For the data in Problem 1, suppose that Firm B is a foreign firm. What additional caveats would you place on interpretation of the data? Sales 1,200,000 900,000
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