Jonas Borg, an analyst at EMH Securities, states: I dont know why anyone would ever try to

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Jonas Borg, an analyst at EMH Securities, states: “I don’t know why anyone would ever try to value profits. Obviously, the market knows that profits can be manipulated and only values cash flows.” Discuss.

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Business Analysis And Valuation

ISBN: 978-1473758421

5th Edition

Authors: Erik Peek, Paul Healy, Krishna Palepu

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