Companies often try to keep accounting earnings growing at a relatively steady pace in an effort to avoid
large swings in earnings from period to period. They also try to manage earnings targets. Reflect on these
practices and discuss the following in your discussion post. •Are these practices ethical? •What are two
tactics that a financial manager can use to manage earnings? •What are the implications for cash flow and
shareholder wealth? •Using the financial balance sheet as displayed in the text, provide an example of how
purchasing an asset or issuing stocks or bonds could potentially impact eamingstargets
BOOK>>>Byrd, J. W., Hickman, K. A., & McPherson, M. (2013). Managerial finance. Bridgepoint
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