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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1649 |
Essay's paper body
After negotiations with its bankers, Harnischfeger was able to convince them to restructure its debt obligations into three year terms.
Although Harnischfeger’s appears to have achieved a majority of its desired outcomes from its corporate recovery plan, you will see from the following in-depth financial analysis that Harnischfeger’s outcomes are really a result of creative financial manipulation...
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Accounting Changes and the Effect to 1984 Reported Earnings
Accounting changes Effect to 1984 reported earnings
1. Change to depreciation method from straight-line to accelerated Increase to net income of $11.0 million
2. Change estimated depreciation lives on certain U.S. plants, machinery and equipment Increase to net income of $3...
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