谢同学2023-04-07 13:26:33

财报质量的课后题2.Which of Pereira‘s statements about Miland Communications is most likely a warning sign of potential earnings manipulation?A. The trend in inventory turnoverB. The trend in receivables turnoverC. The amount of net income relative to cash flow from operations.原文Pereira also observes that Miland has experienced increasing inventory turnover, increasing receivables turnover, and net income greater than cash flow from operations.原文的存货和应收账款周转率上升是好事，说明销售和公司回款正常；而利润大于经营现金流，说明利润虚增，可能有些成本暂未记账或延迟记账。所以应该选C；相反要是这两个周转率指标下降，说明销售不给力，公司收款滞缓