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CJB's fiscal 2020 net income was $155.9 and cash flows from operating activities was $132.0 million  What impact does this have on the evaluation of the  2020 earnings quality for CJB?      Question 30 options:   a)  Weakens, due to sustainability issues   b)  Weakens due to substance issues   c)  Strengthens due to substance issues   d)  Strengthens, due to sustainability issues

CJB's fiscal 2020 net income was $155.9 and cash flows from operating activities was $132.0 million  What impact does this have on the evaluation of the  2020 earnings quality for CJB?      Question 30 options:   a)  Weakens, due to sustainability issues   b)  Weakens due to substance issues   c)  Strengthens due to substance issues   d)  Strengthens, due to sustainability issues

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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CJB's fiscal 2020 net income was $155.9 and cash flows from operating activities was $132.0 million 

What impact does this have on the evaluation of the  2020 earnings quality for CJB? 

 

 

Question 30 options:

 

a) 

Weakens, due to sustainability issues
 

b) 

Weakens due to substance issues
 

c) 

Strengthens due to substance issues
 

d) 

Strengthens, due to sustainability issues
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