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Doing accounting adjustments 1- The company uses 5% for allowances for...

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Accounting

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Doing accounting adjustments

1- The company uses 5% for allowances for ACR while in the

industry the average is around 15%

2- The inventory is overstated in about 20 Million

3- The Depreciation for the 2013 is lower significantly in

comparison with previous years in about 15%

4- The company capitalized one million as prepaid expenses even it

should be considered as expenses

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