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Comment on the earnings persistence and the accrual component in earnings of Aramco vis--vis Sinopec in 2019. Andbetween Aramco and Sinopec, which company has greater
Comment on the earnings persistence and the accrual component in earnings of Aramco vis--vis Sinopec in 2019.
Andbetween Aramco and Sinopec, which company has greater debt-based incentives to manage reporting earnings? Why?
AndIdentify and list the foreign currency transactions and financial instruments of Aramco and Sinopec in 2019.
And Do you think Saudi Aramco or Sinopec is exposed to high political costs? Why or why not?
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