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QUESTION

How would the following events (reported this year) affect your forecasts of a firm's future net income?

How would the following events (reported this year) affect your forecasts of a firm's future net income?An asset write-downA merger or acquisitionThe sale of a major divisionThe initiation of dividend payments

AnswerHow would the following events (reported this year) affect your forecasts of afirm's future net income?An asset write-downWhen the cost at which asset is acquired less accumulated...
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