Why may the top managers of a firm be tempted to use


1. Financial Statements. List the characteristics of a firm that investors analyze by using the balance sheet and the income statement.

2. Misleading Information. Why may the top managers of a firm be tempted to use misleading estimates of revenues and expenses? How may managers be able to boost the reported earnings of their firm?

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Financial Management: Why may the top managers of a firm be tempted to use
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