acc/230 DQ 2 week 3 - StudentOfFortune.com

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LilyRae
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$1.00 acc/230 DQ 2 week 3

From Business: Accounting
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Due on Jan. 15, 2009
Asked on Jan 15, 2009 at 4:33:16PM

Q:
Discussion Question 2
· Due Date: Day 4 [Main forum]

· Provide an example from the text or the Internet that demonstrates a situation in which a

companys net profits looked good in the statements, but the gross or operating profits

presented a different picture. Discuss how this might have occurred.

· Respond to the question addressed in Problem 3.6 on p. 109 (Ch. 3): Why is the

bottom-line figure, net income, not necessarily a good indicator of a firms financial

success? (Hint: Look for indicators like liquidity or solvency to answer this discussion

question.)

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$1.00 acc/230 DQ 2 week 3

$1.00 ACC 230 WK 3 DQ 2