Question
In January 2018, GM announced that it was writing off $7 billion due to the loss in value of the tax-deferred assets the company held.
In January 2018, GM announced that it was writing off $7 billion due to the loss in value of the tax-deferred assets the company held. We would argue that GM's stockholders probably didn't suffer as a result of the reported loss. what do you think was the basis for our conclusion?
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The Handbook Of Sentiment Analysis In Finance
Authors: Gautam Mitra, Xiang Yu
1st Edition
1910571571, 978-1910571576
