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To: E_K_S who wrote (66507)2/11/2021 10:30:13 AM
From: bruwin  Respond to of 78821
 
"So, any Fraud in reported revenues impact FCF"

So, any Fraud in reported (Un-Audited ?) revenues impacts the BALANCE SHEET AS A WHOLE .... since :-

Share Capital + Retained Earnings = Total Assets - Total Liabilities ....

And the Overstated Revenues ends up in the Bottom Line which goes into Retained Earnings which will Solely influence the Balance Sheet if no shares are issued.