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Author Question: An overstatement of earnings can inflate a company's stock price and may also be used to: (Read 109 times)

Garrulous

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An overstatement of earnings can inflate a company's stock price and may also be used to:
◦ avoid paying raises to employees.
◦ ensure larger bonuses to upper management at year-end.
◦ avoid paying dividends to stockholders.
◦ deflate the amount of taxes the corporation pays.


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Marked as best answer by Garrulous on Feb 18, 2020

jjorrostieta

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Garrulous

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Reply 2 on: Feb 18, 2020
YES! Correct, THANKS for helping me on my review


irishcancer18

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Reply 3 on: Yesterday
:D TYSM

 

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