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Determine whether he needs to investigate further

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Howard Paulson is considering investing in Stevenson Pet Food Company. Stevenson"s net income increased considerably during the most recent year, even though many other companies in the same industry reported disappointing earnings. Howard wants to know whether the company"s earnings provide a reasonable depiction of its results. What initial step can Howard take to help determine whether he needs to investigate further?

Reference no: EM13512302

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