TCO C) One step in assessing the quality of earnings is to look for red flags
3.
(TCO C) One step in assessing the quality of earnings is to look for red flags. An example of a red flag is a significant increase in accounts receivable without commensurate growth in sales (i.e., accounts receivable turnover decreases). List five other red flags the astute analyst might look for, describe why it is a red flag, and identify where the analyst might find this information
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