In a risk analysis of Abbott Labs, most analysts will calculate Abbotts debt-to-equity ratio. In this case,
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In a risk analysis of Abbott Labs, most analysts will calculate Abbott’s debt-to-equity ratio. In this case, the debt-to-equity ratio may not capture an important element of Abbott’s risk. What is that risk, and why doesn’t Abbott’s balance sheet capture it?
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Auditing A Risk Based Approach to Conducting a Quality Audit
ISBN: 978-1305080577
10th edition
Authors: Karla Johnstone, Audrey Gramling, Larry E. Rittenberg
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