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Business, 19.12.2019 19:31 justijust500

Jack weston, the ceo of evans, inc., along with evans’ ceo, jason stiller, used non-gaap numbers to develop the earnings statements for evans for 2016. the result was that the earnings for evans were 16% higher in the financial reports than they actually were. executive compensation at evans is tied to earnings, and jack and jason’s bonuses for 2016 were 26% higher than in 2015 because of the jump in earnings that were later discovered to be fabricated using non-gaap methods. which of the following is correct?

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Jack weston, the ceo of evans, inc., along with evans’ ceo, jason stiller, used non-gaap numbers to...
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