George Mallein is considering investing in Wigginton Pet Food Company. Wiggintons net income increased considerably during the

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George Mallein is considering investing in Wigginton Pet Food Company. Wigginton’s net income increased considerably during the most recent year even though many other companies in the same industry reported disappointing earnings. George wants to know whether the company’s earnings provide a reasonable depiction of its results. What initial step can George take to help determine whether he needs to investigate further?

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Accounting Tools for Business Decision Making

ISBN: 978-1118128169

5th edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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