Considering the content of the Debenhams 2018 Annual Report and
what you have seen relating to its cash flows, its income, and its
balance sheet over the period 2014-2018, and using any other
relevant information:
(a) Critically assess whether Debenhams engaged in earnings
management or income smoothing.
(b) Critically assess whether Debenhams should be considered a
“going concern”.
Considering the content of the Debenhams 2018 Annual Report and what you have seen relating to its cash flows, its incom
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