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The SEC due-diligence team is searching for the reason behind Hatfields inventory build-up relative to its sales growth. One way to identify a deliberate manipulation
The SEC due-diligence team is searching for the reason behind Hatfields inventory build-up relative to its sales growth. One way to identify a deliberate manipulation of financial results by Hatfield is to search for: a. A decline in inventory turnover. b. Receivables that are growing faster than sales. c. A delay in the recognition of expenses.
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