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Some industries such as the real estate industry in 1982

Question: Some industries, such as the real estate industry in 1982 and the oil industry in 1985, have been subject to dramatic decreases in the value of their primary assets. Discuss how such a decrease in relative prices may affect a firm's financial statements, and any possible distortions that an analyst should consider.

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Finance Basics: Some industries such as the real estate industry in 1982

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