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In early trading Thursday, Apr2, 2020, shares of Luckin Coffee (LK) plunged 80% . Read the news article below and give your comments on the

In early trading Thursday, Apr2, 2020, shares of Luckin Coffee (LK) plunged 80% . Read the news article below and give your comments on the following questions:

1. What are the background and reasons that Luckin Coffee plunged 80% in a single day?

2. What is "creative accounting"? How to avoid it in practice?

its for finance

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