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Author Question: Which of the following is the main lesson that analysts and investors should take from the cases of ... (Read 44 times)

asd123

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on: Jul 9, 2019
Which of the following is the main lesson that analysts and investors should take from the cases of Enron and WorldCom?
◦ It is not possible to effectively evaluate a company unless all the financial statements are fully and correctly prepared.
◦ Readers of even fraudulent financial statements can spot signs of a firm's financial health if those statements are read fully and with care.
◦ The usefulness of financial statements to investors is entirely dependent on the ethics of those constructing them.
◦ The information in financial statements should be viewed extremely critically.
Fundamentals of Corporate Finance ¦ Berk, DeMarzo, Harford ¦ 2nd Edition
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Marked as best answer by asd123 on Jul 9, 2019

asware1

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Reply #1 on: Jul 9, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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asd123

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Reply 2 on: Jul 9, 2019
Great answer, keep it coming :)

aruss1303

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Reply 3 on: Yesterday
Wow, this really help

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