What are arguments for reporting earnings forecasts, Financial Accounting

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What are arguments for reporting earnings forecasts

Response to the following problem:

The following comment appeared in the financial press: "Inadequate financial disclosure, particularly with respect to how management views the future and its role in the marketplace, has always been a stone in the shoe. After all, if you don't know how a company views the future, how can you judge the worth of its corporate strategy?" What are some arguments for reporting earnings forecasts?

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Financial Accounting: What are arguments for reporting earnings forecasts

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