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1. Would your answer be different for the previous problem if JC Automobiles were a large firm followed by thirty-five analysts? Why or why not?

2. WeeMart, a retailer of children's clothes, announces a cut in dividends following a year in which both revenues and earning dropped significantly. How would you expect its stock price to react? Explain.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91631175

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