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Explain bases for comparison and factors affecting quality

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Reference no: EM13887715

Kyle Benson is the CEO of Macarty's Electronics. Benson is an expert engineer but a novice in accounting. He asks you to explain (1) the bases for comparison in analyzing Macarty's financial statements, and (2) the factors affecting quality of earnings.

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Write a letter to Kyle Benson that explains the bases for comparison and factors affecting quality of earnings.

Reference no: EM13887715

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