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High Ltd has disclosed the fact that they are being sued for $7 million. High Ltd reported a profit for the year of $700 million
High Ltd has disclosed the fact that they are being sued for $7 million. High Ltd reported a profit for the year of $700 million and has total assets of $185 million. You conclude that disclosure of the litigation is adequate.
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The disclosure of litigation by High Ltd and its impact on the financial statements ...
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
