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DEBATES Mendoza is considering investing in IBM. However, he is captivated by IBM's growth. IBM had made a remarkable change from a struggling company

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DEBATES Mendoza is considering investing in IBM. However, he is captivated by IBM's growth. IBM had made a remarkable change from a struggling company to a leading company in the personal computer market. Mendoza has asked for your advice as to whether or not the growth is genuine. He suspects there might have been some fraudulent or unethical actions taken by IBM to increase its income. After a brief look at the recent history and perfor- mance of IBM, you decide to look more closely at the financial statements. As you review the financial

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