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Companies often try to keep accounting earnings growing at a relatively steady pace in an effort to avoid large swings in earnings from period to
Companies often try to keep accounting earnings growing at a relatively steady pace in an effort to avoid large swings in earnings from period to period. They also try to manage earnings targets.
A. Are these practices ethical?
B. What are two tactics that a financial manager can use to manage earnings?
C. What are the implications for cash flow and shareholder wealth?
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Your post should be 200-250 words in length. Please do not use answers that are already posted on here or the web. Thank you.
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