Intermediate Accounting 14th Edition

Published by Wiley
ISBN 10: 0470587237
ISBN 13: 978-0-47058-723-2

Chapter 2 - Conceptual Framework for Financial Reporting - Brief Exercises - Page 70: BE2-5a

Answer

The change can be considered material.

Work Step by Step

The change can be considered material because it was utilized to generate a positive trend in earnings.
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