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Question 10 Not yet answered Marked out of 1.00 Flag question Your firm has just acquired a new audit client. The new client is highly

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Question 10 Not yet answered Marked out of 1.00 Flag question Your firm has just acquired a new audit client. The new client is highly leveraged with borrowing from several institutions. It is planning to expand the business by obtaining additional debt finance in the near future. Based on these facts, which one of the following should be most carefully examined? Select one: a. Transactions that result in healthy revenues b. Large market capitalization c. Loans and other financing transactions between related entities d. Dividend paid out in the previous year

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