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The report offers a case where by Harnischfeger Corporation, a number one producer of building, mining and electrical equipments suffered a significant fall during the desire of enterprise’s product or service because of throughout the world recession in eighties that noticeably threatens the economical security of the company.
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Alterations in accounting policies and accounting estimates have a big impact on described profit. Several of the critical accounting procedures and accounting estimates adjustments by Harnischfeger in its economic statements features the next:
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