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Financial Statement Analysis
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WORLDCOM (video 13:00 timeslot())
WORLDCOM - (video 13:00 timeslot())
reporting less expenses and more profit found and penalized by the authorities.
$500 million cost of assets was recognized as "expense" in a single year, but that accounting treatment was incorrect as per financial GAAP regulations.
Since the assets had a life ...
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Can I ask questions if I do not understand a concept?
Please let me know.
Thanks,
CII