The following headline recently appeared on CNBC’s website:
“Ford’s Quarterly Results for 4Q Swung to a Profit”
All of the following statements describe what the author might discuss in this article EXCEPT?
a.Dividends reduced retained earnings
b.Net Income for the last three months of the year increased as compared to another accounting period.
c.Material events or company decisions that are impacting results
d.Revenues increased as compared to prior accounting periods
e.Costs decreased as compared to prior accounting periods.
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