Question: For a recent period, Circuit City Stores, Inc., reported accrued expenses and other current liabilities of $228,966,000. For the same period, Circuit City reported earnings
For a recent period, Circuit City Stores, Inc., reported accrued expenses and other current liabilities of $228,966,000. For the same period, Circuit City reported earnings of $95,789,000 before income taxes. If accrued expenses and other current liabilities had not been recorded, what would have been the earnings (loss) before income taxes?
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