Question
Question 31 WorldCom classified $3.85 billion in operating expenses as long-term investments, to be depreciated fully over just one year. How would this make WorldCom's
Question 31
WorldCom classified $3.85 billion in operating expenses as long-term investments, to be depreciated fully over just one year. How would this make WorldCom's financial statements more attractive to investors?
By raising its reported earnings (net income)
By boosting its total cash flows
By reducing capital expenditures
None of the above
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The Almanack Of Stanley Druckenmiller From Over 40 Years Of Investing Wisdom With Quantum Fund And Duquesne Capital Management
Authors: Rui Zhi Dong
1st Edition
B0B3NV2H9M, 979-8850611453
