Introduction to the Four Principle Financial Statements

After reading case 2-2 in your text, "The Dangerous Morality of Managing Earnings" (attached) write an essay that includes the following elements:

1. A formal introduction.
2. Discussion of the five generalizations from the findings in this study relating to managing earnings.Please Note: Do not simply restate the generalizations. You are being asked to discuss each in the context of professional experiences or examples given in the case itself.
3. Discussion of management’s ability to manage earnings in the long-term given the operational manipulations discussed in the case. 

The Dangerous Morality of Managing Earnings

Your submitted paper should be at 2-3 pages and written according to following APA style, and properly referenced.

Please note that the textbook author is citing a source in this case, which must be considered when forming your references and citations.