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2. What does that mean? Is that high for a fast-food provider? 3. So accounting revelations are never good. Companies have a bias to overstate
2. What does that mean? Is that high for a fast-food provider? 3. So accounting revelations are never good. Companies have a bias to overstate their earnings (they have an incentive to. Higher earnings usually translates to higher stock prices, which means more equity for the shareholders.) How much did the stock drop by after the revelations?
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