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Explain in your own words, why you think a company might or would want to (fraudulently) overstate cash flow from their Operating Activities? (4 marks)
Explain in your own words, why you think a company might or would want to (fraudulently) overstate cash flow from their Operating Activities? (4 marks) Referring back to Mega Ltd. Question 4 data, calculate the earnings per share (EPS) for 2016. (2 marks) I If bondholders were able to convert their bonds into 5,000 common shares, and company executives had exercisable stock options available for an additional 8,000 shares, what would Mega's fully diluted EPS be for 2016? (2 marks)
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