Which of the following is an example of managing earnings down? Select one: O a. Revising the estimated life of equipment from 10 years to 8 years. O b. Not writing off obsolete inventory. O c. Reducing research and development expenditures. O d. Changing estimated bad debts from 3 percent to 2.5 percent of sales.

Which of the following is an example of managing earnings down? Select one: O a. Revising the estimated life of equipment from 10 years to 8 years. O b. Not writing off obsolete inventory. O c. Reducing research and development expenditures. O d. Changing estimated bad debts from 3 percent to 2.5 percent of sales.

Corporate Fin Focused Approach

5th Edition

ISBN:9781285660516

Author:EHRHARDT

Publisher:EHRHARDT

Chapter12: Corporate Valuation And Financial Planning

Section: Chapter Questions

Problem 2STP

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