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Find why a manufacturer may experience an increase

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Reference no: EM132513928

Problem 1: While managers are able to manipulate earnings to present more favorable results on the income statement, it is impossible for managers to manipulate the statement of cash flows.

True
False

Problem 2: A legitimate reason why a manufacturer may experience an increase in its Inventory Turnover ratio is that the firm has switched to a just-in-time inventory system in which fewer items are stocked in inventory.

True
False

Reference no: EM132513928

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