Forbes magazine lists the worlds largest corporations by several categories including sales and profitability (profits according to
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When ranked by profits, seven of the top 10 are U.S. companies (no German company and only one Japanese company appears in the top 30). Other than economic factors, what could cause this difference in rankings for sales and reportedprofits?
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The probable cause of this difference in rankings is the differenc...View the full answer
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Related Book For 
Intermediate Accounting
ISBN: 978-0324312140
16th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
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