Referring back to the D.R. Horton example at the beginning of the chapter, note that we suggest

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Referring back to the D.R. Horton example at the beginning of the chapter, note that we suggest that D.R. Horton's stockholders probably didn't suffer as a result of the reported loss. What do you think was the basis for our conclusion?

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Corporate Finance

ISBN: 978-0077337629

9th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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