Are the Company Profits Genuine or Fake?

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Are the Company Profits Genuine or Fake?

Cooking up the books of accounts is almost as old as the books itself. The reasons may be many, but the fact remains that cooking up the books is not uncommon.Since our decision to invest in a particular stock depends a lot on the profitability of the company, it would be prudent to study the financial statements presented by the company very carefully.

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