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Question: analytics ltd has just hired two rookie analysts they are...

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Analytics Ltd. has just hired two rookie analysts. They are examining the income statement General Motors (GM) and there is something that does not seem to add up: while GM is a capital intensive company, the depreciation expense in the profit and loss account is very low. In fact, the depreciation expense has been low during all the years for which they have access to data. The rookie analysts believe that GM may be manipulating the depreciation expense to boost their earnings. Based on the information provided, do you think that the rookies are right? What other data (if any) will you use to assess whether GM is manipulating the depreciation expense?
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