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The following information pertains to Morley Inc. (Morley) and Crowell Inc. (Crowell) for 2007 and 2008:
Based on the information provided, which of the following conclusions about the two companies is most appropriate? A. Morley’s earnings quality is higher than Crowell’s. B. Crowell’s earnings quality is higher than Morley’s. C. Crowell’s earnings quality is deteriorating compared to Morley’s. |