High Ltd has disclosed the fact that they are being sued for $7 million. High...
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Accounting
High Ltd has disclosed the fact that they are being sued for $7 million. High Ltd reported a profit for the year of $700 million and has total assets of $185 million. You conclude that disclosure of the litigation is adequate. What type of opinion should you express on the financial report of Mint Ltd? Elaborate the reason for your answer.
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