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5-6: Your answers to Questions 5-6 should be five sentences or less. In addition, you should report any data analysis performed to support you answers.
5-6: Your answers to Questions 5-6 should be five sentences or less. In addition, you should report any data analysis performed to support you answers. Your answers to Questions 5- 6 will require you to analyze data in the Excel dataset posted on Canvas. The Excel dataset includes a sample of non-utility and non-banking S&P 1500 firms for fiscal years ending during 2005-2022. The sample is restricted to those firms that report negative earnings, and thus are considered somewhat distressed. For firms that emerge from bankruptcy, the sample excludes the post- bankruptcy fiscal years for these firms. The final sample includes 4,837 observations. The following variables are provided in the dataset: Company Name Fiscal Year End GCO: equals 1 in fiscal years where the company received an auditor-issued going concern opinion, 0 otherwise. The variable GCO answers the following question: "Did the firm receive a going concern opinion for its auditor this year?" Bankrupt: equals 1 in fiscal years where the com
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