Forward Co. reports a net loss of ($ 100,000) this year. In the prior year, net earnings

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Forward Co. reports a net loss of ($ 100,000) this year. In the prior year, net earnings was $ 30,000 and cash flow from operating activities was $ 60,000. Is its quality of earnings higher if cash flow from operating activities this year is $ 60,000 or ($ 75,000)?

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Intermediate Accounting

ISBN: 978-0071339476

Volume 1, 6th Edition

Authors: Beechy Thomas, Conrod Joan, Farrell Elizabeth, McLeod Dick I

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