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The CEO of HIgh Tech Internatinoal decides to change an accounting m profits increasing by 5% , but the company's cash flows are not changed
The CEO of HIgh Tech Internatinoal decides to change an accounting
m
profits increasing by
5%
, but the company's cash flows are not changed\ the stock price will not be affected by the accounting change.\ the stock price will increase due to higher profits.\ the stock price will increase only if the accounting change will also result in\ the stock price will decrease because accounting method changes are not pe
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