Abby Landis is the CEO of Pletcher s Electronics Landis is
Abby Landis is the CEO of Pletcher’s Electronics. Landis is an expert engineer but a novice in accounting. She asks you to explain (1) the bases for comparison in analyzing Pletcher’s financial statements, and (2) the factors affecting quality of earnings.

Instructions
Write a letter to Abby Landis that explains the bases for comparison and factors affecting quality of earnings.

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