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Doing accounting adjustments 1- The company uses 5% for allowances for ACR while in the industry the average is around 15% 2- The inventory is
Doing accounting adjustments
1- The company uses 5% for allowances for ACR while in the industry the average is around 15% |
2- The inventory is overstated in about 20 Million |
3- The Depreciation for the 2013 is lower significantly in comparison with previous years in about 15% |
4- The company capitalized one million as prepaid expenses even it should be considered as expenses |
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