id	sid	tid	token	lemma	pos
amfbr-79	1	1	contents	content	NOUN
amfbr-79	1	2	american	american	PROPN
amfbr-79	1	3	finance	finance	PROPN
amfbr-79	1	4	&	&	CCONJ
amfbr-79	1	5	banking	banking	PROPN
amfbr-79	1	6	review	review	PROPN
amfbr-79	1	7	vol	vol	NOUN
amfbr-79	1	8	.	.	PROPN
amfbr-79	2	1	1	1	NUM
amfbr-79	2	2	,	,	PUNCT
amfbr-79	2	3	no	no	INTJ
amfbr-79	2	4	.	.	NOUN
amfbr-79	2	5	1	1	NUM
amfbr-79	2	6	;	;	PUNCT
amfbr-79	2	7	2017	2017	NUM
amfbr-79	2	8	published	publish	VERB
amfbr-79	2	9	by	by	ADP
amfbr-79	2	10	centre	centre	NOUN
amfbr-79	2	11	for	for	ADP
amfbr-79	2	12	research	research	NOUN
amfbr-79	2	13	on	on	ADP
amfbr-79	2	14	islamic	islamic	ADJ
amfbr-79	2	15	banking	banking	PROPN
amfbr-79	2	16	&	&	CCONJ
amfbr-79	2	17	finance	finance	PROPN
amfbr-79	2	18	and	and	CCONJ
amfbr-79	2	19	business	business	NOUN
amfbr-79	2	20	1	1	NUM
amfbr-79	2	21	an	an	DET
amfbr-79	2	22	empirical	empirical	ADJ
amfbr-79	2	23	research	research	NOUN
amfbr-79	2	24	on	on	ADP
amfbr-79	2	25	fu	fu	PROPN
amfbr-79	2	26	-	-	PUNCT
amfbr-79	2	27	wang	wang	PROPN
amfbr-79	2	28	foods	foods	PROPN
amfbr-79	2	29	ltd	ltd	PROPN
amfbr-79	2	30	:	:	PUNCT
amfbr-79	2	31	industry	industry	NOUN
amfbr-79	2	32	,	,	PUNCT
amfbr-79	2	33	strategy	strategy	NOUN
amfbr-79	2	34	,	,	PUNCT
amfbr-79	2	35	accounting	accounting	NOUN
amfbr-79	2	36	,	,	PUNCT
amfbr-79	2	37	ratio	ratio	NOUN
amfbr-79	2	38	,	,	PUNCT
amfbr-79	2	39	valuation	valuation	NOUN
amfbr-79	2	40	and	and	CCONJ
amfbr-79	2	41	proforma	proforma	NOUN
amfbr-79	2	42	analysis	analysis	NOUN
amfbr-79	2	43	k.	k.	PROPN
amfbr-79	2	44	m.	m.	PROPN
amfbr-79	2	45	anwarul	anwarul	PROPN
amfbr-79	2	46	islam1	islam1	PROPN
amfbr-79	2	47	1	1	NUM
amfbr-79	2	48	department	department	NOUN
amfbr-79	2	49	of	of	ADP
amfbr-79	2	50	business	business	PROPN
amfbr-79	2	51	administration	administration	PROPN
amfbr-79	2	52	,	,	PUNCT
amfbr-79	2	53	the	the	DET
amfbr-79	2	54	millennium	millennium	PROPN
amfbr-79	2	55	university	university	PROPN
amfbr-79	2	56	,	,	PUNCT
amfbr-79	2	57	dhaka	dhaka	PROPN
amfbr-79	2	58	,	,	PUNCT
amfbr-79	2	59	bangladesh	bangladesh	NOUN
amfbr-79	2	60	correspondence	correspondence	NOUN
amfbr-79	2	61	:	:	PUNCT
amfbr-79	3	1	c	c	X
amfbr-79	3	2	/	/	SYM
amfbr-79	3	3	o	o	X
amfbr-79	3	4	k.	k.	PROPN
amfbr-79	3	5	m.	m.	PROPN
amfbr-79	3	6	kamal	kamal	PROPN
amfbr-79	3	7	uddin	uddin	PROPN
amfbr-79	3	8	,	,	PUNCT
amfbr-79	3	9	deputy	deputy	NOUN
amfbr-79	3	10	registrar	registrar	NOUN
amfbr-79	3	11	,	,	PUNCT
amfbr-79	3	12	registrar	registrar	NOUN
amfbr-79	3	13	’s	’s	PART
amfbr-79	3	14	office	office	NOUN
amfbr-79	3	15	,	,	PUNCT
amfbr-79	3	16	room	room	NOUN
amfbr-79	3	17	no-201(k),dhaka	no-201(k),dhaka	ADV
amfbr-79	3	18	university	university	NOUN
amfbr-79	3	19	,	,	PUNCT
amfbr-79	3	20	dhaka-1000	dhaka-1000	ADJ
amfbr-79	3	21	,	,	PUNCT
amfbr-79	3	22	tel	tel	ADJ
amfbr-79	3	23	:	:	PUNCT
amfbr-79	3	24	+8801768343171	+8801768343171	PROPN
amfbr-79	3	25	,	,	PUNCT
amfbr-79	3	26	e-mail:ai419bankingdu@gmail.com	e-mail:ai419bankingdu@gmail.com	PROPN
amfbr-79	3	27	received	receive	VERB
amfbr-79	3	28	:	:	PUNCT
amfbr-79	3	29	june	june	PROPN
amfbr-79	3	30	21	21	NUM
amfbr-79	3	31	,	,	PUNCT
amfbr-79	3	32	2017	2017	NUM
amfbr-79	3	33	accepted	accept	VERB
amfbr-79	3	34	:	:	PUNCT
amfbr-79	3	35	july	july	PROPN
amfbr-79	3	36	15	15	NUM
amfbr-79	3	37	,	,	PUNCT
amfbr-79	3	38	2017	2017	NUM
amfbr-79	3	39	online	online	ADV
amfbr-79	3	40	published	publish	VERB
amfbr-79	3	41	:	:	PUNCT
amfbr-79	3	42	july	july	PROPN
amfbr-79	3	43	22	22	NUM
amfbr-79	3	44	,	,	PUNCT
amfbr-79	3	45	2017	2017	NUM
amfbr-79	3	46	abstract	abstract	NOUN
amfbr-79	3	47	in	in	ADP
amfbr-79	3	48	this	this	DET
amfbr-79	3	49	study	study	NOUN
amfbr-79	3	50	an	an	DET
amfbr-79	3	51	attempt	attempt	NOUN
amfbr-79	3	52	was	be	AUX
amfbr-79	3	53	made	make	VERB
amfbr-79	3	54	to	to	PART
amfbr-79	3	55	prepare	prepare	VERB
amfbr-79	3	56	the	the	DET
amfbr-79	3	57	research	research	NOUN
amfbr-79	3	58	on	on	ADP
amfbr-79	3	59	fu	fu	PROPN
amfbr-79	3	60	-	-	PUNCT
amfbr-79	3	61	wang	wang	PROPN
amfbr-79	3	62	foods	foods	PROPN
amfbr-79	3	63	ltd	ltd	PROPN
amfbr-79	3	64	.	.	PUNCT
amfbr-79	4	1	we	we	PRON
amfbr-79	4	2	have	have	AUX
amfbr-79	4	3	also	also	ADV
amfbr-79	4	4	analyzed	analyze	VERB
amfbr-79	4	5	the	the	DET
amfbr-79	4	6	strategies	strategy	NOUN
amfbr-79	4	7	,	,	PUNCT
amfbr-79	4	8	accounting	accounting	NOUN
amfbr-79	4	9	policies	policy	NOUN
amfbr-79	4	10	and	and	CCONJ
amfbr-79	4	11	ratios	ratio	NOUN
amfbr-79	4	12	.	.	PUNCT
amfbr-79	5	1	historical	historical	ADJ
amfbr-79	5	2	and	and	CCONJ
amfbr-79	5	3	proforma	proforma	ADJ
amfbr-79	5	4	income	income	NOUN
amfbr-79	5	5	statements	statement	NOUN
amfbr-79	5	6	,	,	PUNCT
amfbr-79	5	7	balance	balance	NOUN
amfbr-79	5	8	sheet	sheet	NOUN
amfbr-79	5	9	and	and	CCONJ
amfbr-79	5	10	cash	cash	NOUN
amfbr-79	5	11	flow	flow	NOUN
amfbr-79	5	12	statement	statement	NOUN
amfbr-79	5	13	have	have	AUX
amfbr-79	5	14	been	be	AUX
amfbr-79	5	15	made	make	VERB
amfbr-79	5	16	.	.	PUNCT
amfbr-79	6	1	we	we	PRON
amfbr-79	6	2	have	have	AUX
amfbr-79	6	3	also	also	ADV
amfbr-79	6	4	determined	determine	VERB
amfbr-79	6	5	,	,	PUNCT
amfbr-79	6	6	loosely	loosely	ADV
amfbr-79	6	7	speaking	speak	VERB
amfbr-79	6	8	,	,	PUNCT
amfbr-79	6	9	the	the	DET
amfbr-79	6	10	intrinsic	intrinsic	ADJ
amfbr-79	6	11	value	value	NOUN
amfbr-79	6	12	of	of	ADP
amfbr-79	6	13	stocks	stock	NOUN
amfbr-79	6	14	of	of	ADP
amfbr-79	6	15	firm	firm	NOUN
amfbr-79	6	16	.	.	PUNCT
amfbr-79	7	1	the	the	DET
amfbr-79	7	2	company	company	NOUN
amfbr-79	7	3	is	be	AUX
amfbr-79	7	4	in	in	ADP
amfbr-79	7	5	food	food	NOUN
amfbr-79	7	6	processing	processing	NOUN
amfbr-79	7	7	industry	industry	NOUN
amfbr-79	7	8	.	.	PUNCT
amfbr-79	8	1	the	the	DET
amfbr-79	8	2	position	position	NOUN
amfbr-79	8	3	of	of	ADP
amfbr-79	8	4	fu	fu	PROPN
amfbr-79	8	5	-	-	PUNCT
amfbr-79	8	6	wang	wang	PROPN
amfbr-79	8	7	is	be	AUX
amfbr-79	8	8	good	good	ADJ
amfbr-79	8	9	in	in	ADP
amfbr-79	8	10	this	this	DET
amfbr-79	8	11	industry	industry	NOUN
amfbr-79	8	12	.	.	PUNCT
amfbr-79	9	1	its	its	PRON
amfbr-79	9	2	long	long	ADJ
amfbr-79	9	3	term	term	NOUN
amfbr-79	9	4	profitability	profitability	NOUN
amfbr-79	9	5	and	and	CCONJ
amfbr-79	9	6	sustainability	sustainability	NOUN
amfbr-79	9	7	is	be	AUX
amfbr-79	9	8	also	also	ADV
amfbr-79	9	9	secured	secure	VERB
amfbr-79	9	10	.	.	PUNCT
amfbr-79	10	1	the	the	DET
amfbr-79	10	2	accounting	accounting	NOUN
amfbr-79	10	3	policies	policy	NOUN
amfbr-79	10	4	and	and	CCONJ
amfbr-79	10	5	estimates	estimate	NOUN
amfbr-79	10	6	of	of	ADP
amfbr-79	10	7	fu	fu	PROPN
amfbr-79	10	8	-	-	PUNCT
amfbr-79	10	9	wang	wang	PROPN
amfbr-79	10	10	as	as	ADV
amfbr-79	10	11	well	well	ADV
amfbr-79	10	12	as	as	ADP
amfbr-79	10	13	the	the	DET
amfbr-79	10	14	food	food	NOUN
amfbr-79	10	15	industry	industry	NOUN
amfbr-79	10	16	are	be	AUX
amfbr-79	10	17	flexible	flexible	ADJ
amfbr-79	10	18	enough	enough	ADV
amfbr-79	10	19	.	.	PUNCT
amfbr-79	11	1	management	management	NOUN
amfbr-79	11	2	enjoys	enjoy	VERB
amfbr-79	11	3	moderate	moderate	ADJ
amfbr-79	11	4	discretionary	discretionary	ADJ
amfbr-79	11	5	powers	power	NOUN
amfbr-79	11	6	.	.	PUNCT
amfbr-79	12	1	analysis	analysis	NOUN
amfbr-79	12	2	of	of	ADP
amfbr-79	12	3	the	the	DET
amfbr-79	12	4	various	various	ADJ
amfbr-79	12	5	ratios	ratio	NOUN
amfbr-79	12	6	over	over	ADP
amfbr-79	12	7	the	the	DET
amfbr-79	12	8	five	five	NUM
amfbr-79	12	9	years	year	NOUN
amfbr-79	12	10	reveals	reveal	VERB
amfbr-79	12	11	that	that	SCONJ
amfbr-79	12	12	many	many	ADJ
amfbr-79	12	13	of	of	ADP
amfbr-79	12	14	them	they	PRON
amfbr-79	12	15	are	be	AUX
amfbr-79	12	16	satisfactory	satisfactory	ADJ
amfbr-79	12	17	and	and	CCONJ
amfbr-79	12	18	some	some	PRON
amfbr-79	12	19	are	be	AUX
amfbr-79	12	20	not	not	PART
amfbr-79	12	21	.	.	PUNCT
amfbr-79	13	1	by	by	ADP
amfbr-79	13	2	doing	do	VERB
amfbr-79	13	3	the	the	DET
amfbr-79	13	4	valuation	valuation	NOUN
amfbr-79	13	5	of	of	ADP
amfbr-79	13	6	the	the	DET
amfbr-79	13	7	company	company	NOUN
amfbr-79	13	8	with	with	ADP
amfbr-79	13	9	some	some	DET
amfbr-79	13	10	assumption	assumption	NOUN
amfbr-79	13	11	we	we	PRON
amfbr-79	13	12	found	find	VERB
amfbr-79	13	13	the	the	DET
amfbr-79	13	14	intrinsic	intrinsic	ADJ
amfbr-79	13	15	value	value	NOUN
amfbr-79	13	16	of	of	ADP
amfbr-79	13	17	the	the	DET
amfbr-79	13	18	firm	firm	NOUN
amfbr-79	13	19	is	be	AUX
amfbr-79	13	20	approximately	approximately	ADV
amfbr-79	13	21	36	36	NUM
amfbr-79	13	22	tk	tk	NOUN
amfbr-79	13	23	.	.	PROPN
amfbr-79	13	24	sensitivity	sensitivity	NOUN
amfbr-79	13	25	of	of	ADP
amfbr-79	13	26	stock	stock	NOUN
amfbr-79	13	27	price	price	NOUN
amfbr-79	13	28	by	by	ADP
amfbr-79	13	29	changing	change	VERB
amfbr-79	13	30	the	the	DET
amfbr-79	13	31	discount	discount	NOUN
amfbr-79	13	32	rate	rate	NOUN
amfbr-79	13	33	and	and	CCONJ
amfbr-79	13	34	sales	sale	NOUN
amfbr-79	13	35	growth	growth	NOUN
amfbr-79	13	36	rate	rate	NOUN
amfbr-79	13	37	has	have	AUX
amfbr-79	13	38	also	also	ADV
amfbr-79	13	39	been	be	AUX
amfbr-79	13	40	examined	examine	VERB
amfbr-79	13	41	.	.	PUNCT
amfbr-79	14	1	by	by	ADP
amfbr-79	14	2	projecting	project	VERB
amfbr-79	14	3	the	the	DET
amfbr-79	14	4	historical	historical	ADJ
amfbr-79	14	5	accounting	accounting	NOUN
amfbr-79	14	6	figures	figure	NOUN
amfbr-79	14	7	we	we	PRON
amfbr-79	14	8	have	have	AUX
amfbr-79	14	9	also	also	ADV
amfbr-79	14	10	prepared	prepare	VERB
amfbr-79	14	11	proforma	proforma	NOUN
amfbr-79	14	12	income	income	NOUN
amfbr-79	14	13	statements	statement	NOUN
amfbr-79	14	14	,	,	PUNCT
amfbr-79	14	15	balance	balance	NOUN
amfbr-79	14	16	sheets	sheet	NOUN
amfbr-79	14	17	and	and	CCONJ
amfbr-79	14	18	cash	cash	NOUN
amfbr-79	14	19	flow	flow	NOUN
amfbr-79	14	20	statements	statement	NOUN
amfbr-79	14	21	and	and	CCONJ
amfbr-79	14	22	found	find	VERB
amfbr-79	14	23	that	that	SCONJ
amfbr-79	14	24	the	the	DET
amfbr-79	14	25	future	future	NOUN
amfbr-79	14	26	of	of	ADP
amfbr-79	14	27	fu	fu	ADJ
amfbr-79	14	28	-	-	PUNCT
amfbr-79	14	29	wang	wang	PROPN
amfbr-79	14	30	foods	foods	PROPN
amfbr-79	14	31	ltd	ltd	PROPN
amfbr-79	14	32	.	.	PROPN
amfbr-79	14	33	is	be	AUX
amfbr-79	14	34	rather	rather	ADV
amfbr-79	14	35	satisfactory	satisfactory	ADJ
amfbr-79	14	36	,	,	PUNCT
amfbr-79	14	37	given	give	VERB
amfbr-79	14	38	some	some	DET
amfbr-79	14	39	assumptions	assumption	NOUN
amfbr-79	14	40	.	.	PUNCT
amfbr-79	15	1	keywords	keyword	NOUN
amfbr-79	15	2	:	:	PUNCT
amfbr-79	15	3	fu	fu	ADJ
amfbr-79	15	4	-	-	PUNCT
amfbr-79	15	5	wang	wang	PROPN
amfbr-79	15	6	foods	foods	PROPN
amfbr-79	15	7	ltd	ltd	PROPN
amfbr-79	15	8	,	,	PUNCT
amfbr-79	15	9	industry	industry	NOUN
amfbr-79	15	10	,	,	PUNCT
amfbr-79	15	11	strategy	strategy	NOUN
amfbr-79	15	12	,	,	PUNCT
amfbr-79	15	13	accounting	accounting	NOUN
amfbr-79	15	14	,	,	PUNCT
amfbr-79	15	15	ratio	ratio	NOUN
amfbr-79	15	16	,	,	PUNCT
amfbr-79	15	17	valuation	valuation	NOUN
amfbr-79	15	18	,	,	PUNCT
amfbr-79	15	19	proforma	proforma	VERB
amfbr-79	15	20	analysis	analysis	NOUN
amfbr-79	15	21	.	.	PUNCT
amfbr-79	16	1	1	1	X
amfbr-79	16	2	.	.	X
amfbr-79	16	3	introduction	introduction	NOUN
amfbr-79	16	4	prior	prior	ADJ
amfbr-79	16	5	research	research	NOUN
amfbr-79	16	6	examines	examine	VERB
amfbr-79	16	7	the	the	DET
amfbr-79	16	8	influence	influence	NOUN
amfbr-79	16	9	of	of	ADP
amfbr-79	16	10	investor	investor	NOUN
amfbr-79	16	11	sentiment	sentiment	NOUN
amfbr-79	16	12	on	on	ADP
amfbr-79	16	13	corporate	corporate	ADJ
amfbr-79	16	14	decisions	decision	NOUN
amfbr-79	16	15	such	such	ADJ
amfbr-79	16	16	as	as	ADP
amfbr-79	16	17	capital	capital	NOUN
amfbr-79	16	18	investments	investment	NOUN
amfbr-79	16	19	,	,	PUNCT
amfbr-79	16	20	dividend	dividend	NOUN
amfbr-79	16	21	payments	payment	NOUN
amfbr-79	16	22	,	,	PUNCT
amfbr-79	16	23	stock	stock	NOUN
amfbr-79	16	24	splits	split	VERB
amfbr-79	16	25	,	,	PUNCT
amfbr-79	16	26	and	and	CCONJ
amfbr-79	16	27	corporate	corporate	ADJ
amfbr-79	16	28	name	name	NOUN
amfbr-79	16	29	changes.however	changes.however	NOUN
amfbr-79	16	30	,	,	PUNCT
amfbr-79	16	31	as	as	ADP
amfbr-79	16	32	baker	baker	PROPN
amfbr-79	16	33	,	,	PUNCT
amfbr-79	16	34	ruback	ruback	NOUN
amfbr-79	16	35	,	,	PUNCT
amfbr-79	16	36	and	and	CCONJ
amfbr-79	16	37	wurgler	wurgler	NOUN
amfbr-79	17	1	[	[	X
amfbr-79	17	2	2007	2007	NUM
amfbr-79	17	3	]	]	PUNCT
amfbr-79	17	4	observe	observe	VERB
amfbr-79	17	5	,	,	PUNCT
amfbr-79	17	6	there	there	PRON
amfbr-79	17	7	is	be	VERB
amfbr-79	17	8	limited	limited	ADJ
amfbr-79	17	9	evidence	evidence	NOUN
amfbr-79	17	10	on	on	ADP
amfbr-79	17	11	the	the	DET
amfbr-79	17	12	association	association	NOUN
amfbr-79	17	13	between	between	ADP
amfbr-79	17	14	investor	investor	NOUN
amfbr-79	17	15	sentiment	sentiment	NOUN
amfbr-79	17	16	and	and	CCONJ
amfbr-79	17	17	managers	manager	NOUN
amfbr-79	17	18	’	’	PART
amfbr-79	17	19	disclosure	disclosure	NOUN
amfbr-79	17	20	decisions	decision	NOUN
amfbr-79	17	21	.	.	PUNCT
amfbr-79	18	1	we	we	PRON
amfbr-79	18	2	address	address	VERB
amfbr-79	18	3	this	this	DET
amfbr-79	18	4	issue	issue	NOUN
amfbr-79	18	5	by	by	ADP
amfbr-79	18	6	examining	examine	VERB
amfbr-79	18	7	the	the	DET
amfbr-79	18	8	relation	relation	NOUN
amfbr-79	18	9	between	between	ADP
amfbr-79	18	10	investor	investor	NOUN
amfbr-79	18	11	sentiment	sentiment	NOUN
amfbr-79	18	12	and	and	CCONJ
amfbr-79	18	13	the	the	DET
amfbr-79	18	14	discretionary	discretionary	ADJ
amfbr-79	18	15	disclosure	disclosure	NOUN
amfbr-79	18	16	of	of	ADP
amfbr-79	18	17	―pro	―pro	ADJ
amfbr-79	18	18	forma‖	forma‖	PROPN
amfbr-79	18	19	(	(	PUNCT
amfbr-79	18	20	adjusted	adjust	VERB
amfbr-79	18	21	)	)	PUNCT
amfbr-79	18	22	earnings	earning	NOUN
amfbr-79	18	23	measures	measure	NOUN
amfbr-79	18	24	.	.	PUNCT
amfbr-79	19	1	specifically	specifically	ADV
amfbr-79	19	2	,	,	PUNCT
amfbr-79	19	3	we	we	PRON
amfbr-79	19	4	examine	examine	VERB
amfbr-79	19	5	the	the	DET
amfbr-79	19	6	influence	influence	NOUN
amfbr-79	19	7	of	of	ADP
amfbr-79	19	8	investor	investor	NOUN
amfbr-79	19	9	sentiment	sentiment	NOUN
amfbr-79	19	10	on	on	ADP
amfbr-79	19	11	managers	manager	NOUN
amfbr-79	19	12	’	’	PART
amfbr-79	19	13	decisions	decision	NOUN
amfbr-79	19	14	to	to	ADP
amfbr-79	19	15	(	(	PUNCT
amfbr-79	19	16	1	1	X
amfbr-79	19	17	)	)	PUNCT
amfbr-79	19	18	disclose	disclose	VERB
amfbr-79	19	19	adjusted	adjust	VERB
amfbr-79	19	20	earnings	earning	NOUN
amfbr-79	19	21	metric	metric	ADJ
amfbr-79	19	22	within	within	ADP
amfbr-79	19	23	the	the	DET
amfbr-79	19	24	quarterly	quarterly	ADJ
amfbr-79	19	25	earnings	earning	NOUN
amfbr-79	19	26	press	press	NOUN
amfbr-79	19	27	release	release	NOUN
amfbr-79	19	28	;	;	PUNCT
amfbr-79	19	29	(	(	PUNCT
amfbr-79	19	30	2	2	X
amfbr-79	19	31	)	)	PUNCT
amfbr-79	19	32	exclude	exclude	VERB
amfbr-79	19	33	higher	high	ADJ
amfbr-79	19	34	levels	level	NOUN
amfbr-79	19	35	of	of	ADP
amfbr-79	19	36	recurring	recur	VERB
amfbr-79	19	37	and	and	CCONJ
amfbr-79	19	38	nonrecurring	nonrecurre	VERB
amfbr-79	19	39	items	item	NOUN
amfbr-79	19	40	in	in	ADP
amfbr-79	19	41	calculating	calculate	VERB
amfbr-79	19	42	the	the	DET
amfbr-79	19	43	pro	pro	ADJ
amfbr-79	19	44	forma	forma	NOUN
amfbr-79	19	45	earnings	earning	NOUN
amfbr-79	19	46	figure	figure	NOUN
amfbr-79	19	47	;	;	PUNCT
amfbr-79	19	48	and	and	CCONJ
amfbr-79	19	49	(	(	PUNCT
amfbr-79	19	50	3	3	X
amfbr-79	19	51	)	)	PUNCT
amfbr-79	19	52	emphasize	emphasize	VERB
amfbr-79	19	53	the	the	DET
amfbr-79	19	54	pro	pro	ADJ
amfbr-79	19	55	forma	forma	NOUN
amfbr-79	19	56	metric	metric	NOUN
amfbr-79	19	57	by	by	ADP
amfbr-79	19	58	placing	place	VERB
amfbr-79	19	59	it	it	PRON
amfbr-79	19	60	more	more	ADV
amfbr-79	19	61	prominently	prominently	ADV
amfbr-79	19	62	within	within	ADP
amfbr-79	19	63	the	the	DET
amfbr-79	19	64	earnings	earning	NOUN
amfbr-79	19	65	press	press	NOUN
amfbr-79	19	66	release	release	NOUN
amfbr-79	19	67	.	.	PUNCT
amfbr-79	20	1	we	we	PRON
amfbr-79	20	2	further	far	ADV
amfbr-79	20	3	investigate	investigate	VERB
amfbr-79	20	4	whether	whether	SCONJ
amfbr-79	20	5	the	the	DET
amfbr-79	20	6	relation	relation	NOUN
amfbr-79	20	7	between	between	ADP
amfbr-79	20	8	investor	investor	NOUN
amfbr-79	20	9	sentiment	sentiment	NOUN
amfbr-79	20	10	and	and	CCONJ
amfbr-79	20	11	pro	pro	ADJ
amfbr-79	20	12	forma	forma	NOUN
amfbr-79	20	13	earnings	earning	NOUN
amfbr-79	20	14	disclosure	disclosure	NOUN
amfbr-79	20	15	reflects	reflect	VERB
amfbr-79	20	16	managers	manager	NOUN
amfbr-79	20	17	attempt	attempt	VERB
amfbr-79	20	18	to	to	PART
amfbr-79	20	19	inform	inform	VERB
amfbr-79	20	20	or	or	CCONJ
amfbr-79	20	21	mislead	mislead	VERB
amfbr-79	20	22	investors	investor	NOUN
amfbr-79	20	23	,	,	PUNCT
amfbr-79	20	24	or	or	CCONJ
amfbr-79	20	25	whether	whether	SCONJ
amfbr-79	20	26	it	it	PRON
amfbr-79	20	27	reflects	reflect	VERB
amfbr-79	20	28	managers	manager	NOUN
amfbr-79	20	29	’	'	PUNCT
amfbr-79	20	30	own	own	ADJ
amfbr-79	20	31	sentiment	sentiment	NOUN
amfbr-79	20	32	-	-	PUNCT
amfbr-79	20	33	driven	drive	VERB
amfbr-79	20	34	beliefs	belief	NOUN
amfbr-79	20	35	.	.	PUNCT
amfbr-79	21	1	an	an	DET
amfbr-79	21	2	empirical	empirical	ADJ
amfbr-79	21	3	research	research	NOUN
amfbr-79	21	4	on	on	ADP
amfbr-79	21	5	fu	fu	PROPN
amfbr-79	21	6	-	-	PUNCT
amfbr-79	21	7	wang	wang	PROPN
amfbr-79	21	8	foods	foods	PROPN
amfbr-79	21	9	ltd	ltd	PROPN
amfbr-79	21	10	:	:	PUNCT
amfbr-79	21	11	industry	industry	NOUN
amfbr-79	21	12	,	,	PUNCT
amfbr-79	21	13	strategy	strategy	NOUN
amfbr-79	21	14	,	,	PUNCT
amfbr-79	21	15	accounting	accounting	NOUN
amfbr-79	21	16	,	,	PUNCT
amfbr-79	21	17	ratio	ratio	NOUN
amfbr-79	21	18	,	,	PUNCT
amfbr-79	21	19	valuation	valuation	NOUN
amfbr-79	21	20	and	and	CCONJ
amfbr-79	21	21	proforma	proforma	NOUN
amfbr-79	21	22	analysis	analysis	NOUN
amfbr-79	21	23	k.	k.	PROPN
amfbr-79	21	24	m.	m.	PROPN
amfbr-79	21	25	anwarul	anwarul	PROPN
amfbr-79	21	26	islam	islam	PROPN
amfbr-79	21	27	2	2	NUM
amfbr-79	21	28	while	while	SCONJ
amfbr-79	21	29	investor	investor	NOUN
amfbr-79	21	30	sentiment	sentiment	NOUN
amfbr-79	21	31	may	may	AUX
amfbr-79	21	32	influence	influence	VERB
amfbr-79	21	33	various	various	ADJ
amfbr-79	21	34	forms	form	NOUN
amfbr-79	21	35	of	of	ADP
amfbr-79	21	36	corporate	corporate	ADJ
amfbr-79	21	37	disclosure	disclosure	NOUN
amfbr-79	21	38	,	,	PUNCT
amfbr-79	21	39	we	we	PRON
amfbr-79	21	40	focus	focus	VERB
amfbr-79	21	41	on	on	ADP
amfbr-79	21	42	proforma	proforma	ADJ
amfbr-79	21	43	earnings	earning	NOUN
amfbr-79	21	44	disclosure	disclosure	NOUN
amfbr-79	21	45	for	for	ADP
amfbr-79	21	46	three	three	NUM
amfbr-79	21	47	reasons	reason	NOUN
amfbr-79	21	48	.	.	PUNCT
amfbr-79	22	1	first	first	ADV
amfbr-79	22	2	,	,	PUNCT
amfbr-79	22	3	in	in	ADP
amfbr-79	22	4	a	a	DET
amfbr-79	22	5	recent	recent	ADJ
amfbr-79	22	6	survey	survey	NOUN
amfbr-79	22	7	of	of	ADP
amfbr-79	22	8	financial	financial	ADJ
amfbr-79	22	9	executives	executive	NOUN
amfbr-79	22	10	,	,	PUNCT
amfbr-79	22	11	graham	graham	PROPN
amfbr-79	22	12	,	,	PUNCT
amfbr-79	22	13	harvey	harvey	NOUN
amfbr-79	22	14	,	,	PUNCT
amfbr-79	22	15	and	and	CCONJ
amfbr-79	22	16	rajgopal	rajgopal	VERB
amfbr-79	22	17	[	[	X
amfbr-79	22	18	2005	2005	NUM
amfbr-79	22	19	]	]	PUNCT
amfbr-79	22	20	find	find	VERB
amfbr-79	22	21	that	that	SCONJ
amfbr-79	22	22	managers	manager	NOUN
amfbr-79	22	23	view	view	VERB
amfbr-79	22	24	pro	pro	ADJ
amfbr-79	22	25	forma	forma	NOUN
amfbr-79	22	26	earnings	earning	NOUN
amfbr-79	22	27	to	to	PART
amfbr-79	22	28	be	be	AUX
amfbr-79	22	29	one	one	NUM
amfbr-79	22	30	of	of	ADP
amfbr-79	22	31	the	the	DET
amfbr-79	22	32	most	most	ADV
amfbr-79	22	33	important	important	ADJ
amfbr-79	22	34	performance	performance	NOUN
amfbr-79	22	35	metrics	metric	NOUN
amfbr-79	22	36	disclosed	disclose	VERB
amfbr-79	22	37	to	to	ADP
amfbr-79	22	38	investors	investor	NOUN
amfbr-79	22	39	.	.	PUNCT
amfbr-79	23	1	second	second	ADJ
amfbr-79	23	2	,	,	PUNCT
amfbr-79	23	3	while	while	SCONJ
amfbr-79	23	4	prior	prior	ADJ
amfbr-79	23	5	research	research	NOUN
amfbr-79	23	6	finds	find	VERB
amfbr-79	23	7	that	that	SCONJ
amfbr-79	23	8	investors	investor	NOUN
amfbr-79	23	9	perceive	perceive	ADJ
amfbr-79	23	10	manager	manager	NOUN
amfbr-79	23	11	-	-	PUNCT
amfbr-79	23	12	adjusted	adjust	VERB
amfbr-79	23	13	pro	pro	ADJ
amfbr-79	23	14	forma	forma	NOUN
amfbr-79	23	15	earnings	earning	NOUN
amfbr-79	23	16	to	to	PART
amfbr-79	23	17	be	be	AUX
amfbr-79	23	18	more	more	ADV
amfbr-79	23	19	informative	informative	ADJ
amfbr-79	23	20	than	than	ADP
amfbr-79	23	21	gaap	gaap	NOUN
amfbr-79	23	22	earnings	earning	NOUN
amfbr-79	23	23	(	(	PUNCT
amfbr-79	23	24	see	see	VERB
amfbr-79	23	25	,	,	PUNCT
amfbr-79	23	26	e.g.	e.g.	ADV
amfbr-79	23	27	,bhattacharya	,bhattacharya	PUNCT
amfbr-79	23	28	et	et	PROPN
amfbr-79	23	29	al	al	PROPN
amfbr-79	23	30	.	.	PUNCT
amfbr-79	24	1	[	[	X
amfbr-79	24	2	2003	2003	NUM
amfbr-79	24	3	]	]	PUNCT
amfbr-79	24	4	;	;	PUNCT
amfbr-79	24	5	lougee	lougee	NOUN
amfbr-79	24	6	and	and	CCONJ
amfbr-79	24	7	marquardt	marquardt	PROPN
amfbr-79	25	1	[	[	X
amfbr-79	25	2	2004	2004	NUM
amfbr-79	25	3	]	]	X
amfbr-79	25	4	;	;	PUNCT
amfbr-79	25	5	bowen	bowen	PROPN
amfbr-79	25	6	,	,	PUNCT
amfbr-79	25	7	davis	davis	PROPN
amfbr-79	25	8	,	,	PUNCT
amfbr-79	25	9	and	and	CCONJ
amfbr-79	25	10	matsumoto	matsumoto	NOUN
amfbr-79	25	11	[	[	X
amfbr-79	25	12	2005]),several	2005]),several	NUM
amfbr-79	25	13	studies	study	NOUN
amfbr-79	25	14	suggest	suggest	VERB
amfbr-79	25	15	that	that	SCONJ
amfbr-79	25	16	some	some	DET
amfbr-79	25	17	managers	manager	NOUN
amfbr-79	25	18	use	use	VERB
amfbr-79	25	19	pro	pro	ADJ
amfbr-79	25	20	forma	forma	NOUN
amfbr-79	25	21	earnings	earning	NOUN
amfbr-79	25	22	disclosures	disclosure	NOUN
amfbr-79	25	23	aggressively	aggressively	ADV
amfbr-79	25	24	and	and	CCONJ
amfbr-79	25	25	that	that	SCONJ
amfbr-79	25	26	investors	investor	NOUN
amfbr-79	25	27	may	may	AUX
amfbr-79	25	28	be	be	AUX
amfbr-79	25	29	misled	mislead	VERB
amfbr-79	25	30	by	by	ADP
amfbr-79	25	31	overly	overly	ADV
amfbr-79	25	32	optimistic	optimistic	ADJ
amfbr-79	25	33	pro	pro	ADJ
amfbr-79	25	34	forma	forma	NOUN
amfbr-79	25	35	measures	measure	NOUN
amfbr-79	25	36	(	(	PUNCT
amfbr-79	25	37	e.g.	e.g.	ADV
amfbr-79	25	38	,	,	PUNCT
amfbr-79	25	39	doyle	doyle	NOUN
amfbr-79	25	40	,	,	PUNCT
amfbr-79	25	41	lundholm	lundholm	NOUN
amfbr-79	25	42	,	,	PUNCT
amfbr-79	25	43	and	and	CCONJ
amfbr-79	25	44	soliman	soliman	NOUN
amfbr-79	26	1	[	[	X
amfbr-79	26	2	2003	2003	NUM
amfbr-79	26	3	]	]	PUNCT
amfbr-79	26	4	;	;	PUNCT
amfbr-79	26	5	frankel	frankel	PROPN
amfbr-79	26	6	,	,	PUNCT
amfbr-79	26	7	mcvay	mcvay	PROPN
amfbr-79	26	8	,	,	PUNCT
amfbr-79	26	9	and	and	CCONJ
amfbr-79	26	10	soliman	soliman	NOUN
amfbr-79	26	11	[	[	X
amfbr-79	26	12	2010	2010	NUM
amfbr-79	26	13	]	]	X
amfbr-79	26	14	;	;	PUNCT
amfbr-79	26	15	brown	brown	PROPN
amfbr-79	26	16	,	,	PUNCT
amfbr-79	26	17	christensen	christensen	PROPN
amfbr-79	26	18	,	,	PUNCT
amfbr-79	26	19	and	and	CCONJ
amfbr-79	26	20	elliott	elliott	PROPN
amfbr-79	26	21	2011	2011	NUM
amfbr-79	26	22	)	)	PUNCT
amfbr-79	26	23	.	.	PUNCT
amfbr-79	27	1	this	this	DET
amfbr-79	27	2	evidence	evidence	NOUN
amfbr-79	27	3	is	be	AUX
amfbr-79	27	4	particularly	particularly	ADV
amfbr-79	27	5	salient	salient	ADJ
amfbr-79	27	6	since	since	SCONJ
amfbr-79	27	7	prior	prior	ADJ
amfbr-79	27	8	research	research	NOUN
amfbr-79	27	9	suggests	suggest	VERB
amfbr-79	27	10	that	that	SCONJ
amfbr-79	27	11	less	less	ADV
amfbr-79	27	12	-	-	PUNCT
amfbr-79	27	13	sophisticated	sophisticated	ADJ
amfbr-79	27	14	investors	investor	NOUN
amfbr-79	27	15	—	—	PUNCT
amfbr-79	27	16	who	who	PRON
amfbr-79	27	17	are	be	AUX
amfbr-79	27	18	most	most	ADV
amfbr-79	27	19	affected	affect	VERB
amfbr-79	27	20	by	by	ADP
amfbr-79	27	21	sentiment	sentiment	NOUN
amfbr-79	27	22	(	(	PUNCT
amfbr-79	27	23	kumar	kumar	PROPN
amfbr-79	27	24	and	and	CCONJ
amfbr-79	27	25	lee	lee	PROPN
amfbr-79	28	1	[	[	X
amfbr-79	28	2	2006	2006	NUM
amfbr-79	28	3	]	]	PUNCT
amfbr-79	28	4	,	,	PUNCT
amfbr-79	28	5	baker	baker	NOUN
amfbr-79	28	6	and	and	CCONJ
amfbr-79	28	7	wurgler	wurgler	VERB
amfbr-79	29	1	[	[	X
amfbr-79	29	2	2007])—rely	2007])—rely	NUM
amfbr-79	29	3	heavily	heavily	ADV
amfbr-79	29	4	on	on	ADP
amfbr-79	29	5	pro	pro	ADJ
amfbr-79	29	6	forma	forma	NOUN
amfbr-79	29	7	earnings	earning	NOUN
amfbr-79	29	8	information	information	NOUN
amfbr-79	29	9	and	and	CCONJ
amfbr-79	29	10	are	be	AUX
amfbr-79	29	11	arguably	arguably	ADV
amfbr-79	29	12	the	the	DET
amfbr-79	29	13	most	most	ADJ
amfbr-79	29	14	at	at	ADP
amfbr-79	29	15	risk	risk	NOUN
amfbr-79	29	16	of	of	ADP
amfbr-79	29	17	being	be	AUX
amfbr-79	29	18	misled	mislead	VERB
amfbr-79	29	19	(	(	PUNCT
amfbr-79	29	20	fredrickson	fredrickson	PROPN
amfbr-79	29	21	and	and	CCONJ
amfbr-79	29	22	miller	miller	PROPN
amfbr-79	30	1	[	[	X
amfbr-79	30	2	2004	2004	NUM
amfbr-79	30	3	]	]	PUNCT
amfbr-79	30	4	;	;	PUNCT
amfbr-79	30	5	elliott	elliott	PROPN
amfbr-79	31	1	[	[	X
amfbr-79	31	2	2006	2006	NUM
amfbr-79	31	3	]	]	PUNCT
amfbr-79	31	4	;	;	PUNCT
amfbr-79	31	5	bhattacharya	bhattacharya	PROPN
amfbr-79	31	6	et	et	PROPN
amfbr-79	31	7	al	al	PROPN
amfbr-79	31	8	.	.	PUNCT
amfbr-79	32	1	[	[	X
amfbr-79	32	2	2007	2007	NUM
amfbr-79	32	3	]	]	SYM
amfbr-79	32	4	)	)	PUNCT
amfbr-79	32	5	.	.	PUNCT
amfbr-79	33	1	third	third	ADJ
amfbr-79	33	2	,	,	PUNCT
amfbr-79	33	3	anecdotal	anecdotal	ADJ
amfbr-79	33	4	evidence	evidence	NOUN
amfbr-79	33	5	suggests	suggest	VERB
amfbr-79	33	6	that	that	SCONJ
amfbr-79	33	7	pro	pro	ADJ
amfbr-79	33	8	forma	forma	NOUN
amfbr-79	33	9	reporting	reporting	NOUN
amfbr-79	33	10	trends	trend	NOUN
amfbr-79	33	11	closely	closely	ADV
amfbr-79	33	12	track	track	VERB
amfbr-79	33	13	recent	recent	ADJ
amfbr-79	33	14	stock	stock	NOUN
amfbr-79	33	15	market	market	NOUN
amfbr-79	33	16	bubbles	bubble	NOUN
amfbr-79	33	17	(	(	PUNCT
amfbr-79	33	18	bradshaw	bradshaw	PROPN
amfbr-79	33	19	and	and	CCONJ
amfbr-79	33	20	sloan	sloan	PROPN
amfbr-79	34	1	[	[	X
amfbr-79	34	2	2002	2002	NUM
amfbr-79	34	3	]	]	X
amfbr-79	34	4	;	;	PUNCT
amfbr-79	34	5	dyck	dyck	ADJ
amfbr-79	34	6	and	and	CCONJ
amfbr-79	34	7	zingales[2003	zingales[2003	NOUN
amfbr-79	34	8	]	]	PRON
amfbr-79	34	9	;	;	PUNCT
amfbr-79	34	10	bhattacharya	bhattacharya	PROPN
amfbr-79	34	11	et	et	PROPN
amfbr-79	34	12	al	al	PROPN
amfbr-79	34	13	.	.	PUNCT
amfbr-79	35	1	[	[	X
amfbr-79	35	2	2004	2004	NUM
amfbr-79	35	3	]	]	PUNCT
amfbr-79	35	4	)	)	PUNCT
amfbr-79	35	5	and	and	CCONJ
amfbr-79	35	6	that	that	DET
amfbr-79	35	7	investor	investor	NOUN
amfbr-79	35	8	sentiment	sentiment	NOUN
amfbr-79	35	9	may	may	AUX
amfbr-79	35	10	have	have	AUX
amfbr-79	35	11	influenced	influence	VERB
amfbr-79	35	12	the	the	DET
amfbr-79	35	13	disclosure	disclosure	NOUN
amfbr-79	35	14	of	of	ADP
amfbr-79	35	15	pro	pro	ADJ
amfbr-79	35	16	forma	forma	NOUN
amfbr-79	35	17	earnings	earning	NOUN
amfbr-79	35	18	measures	measure	NOUN
amfbr-79	35	19	during	during	ADP
amfbr-79	35	20	bubble	bubble	NOUN
amfbr-79	35	21	periods	period	NOUN
amfbr-79	35	22	(	(	PUNCT
amfbr-79	35	23	henry	henry	PROPN
amfbr-79	36	1	[	[	X
amfbr-79	36	2	2001	2001	NUM
amfbr-79	36	3	]	]	X
amfbr-79	36	4	;	;	PUNCT
amfbr-79	36	5	d’avolio	d’avolio	PROPN
amfbr-79	36	6	,	,	PUNCT
amfbr-79	36	7	gildor	gildor	NOUN
amfbr-79	36	8	,	,	PUNCT
amfbr-79	36	9	and	and	CCONJ
amfbr-79	36	10	shleifer	shleifer	VERB
amfbr-79	37	1	[	[	X
amfbr-79	37	2	2002	2002	NUM
amfbr-79	37	3	]	]	PUNCT
amfbr-79	37	4	)	)	PUNCT
amfbr-79	37	5	.	.	PUNCT
amfbr-79	38	1	taken	take	VERB
amfbr-79	38	2	together	together	ADV
amfbr-79	38	3	,	,	PUNCT
amfbr-79	38	4	thesearguments	theseargument	NOUN
amfbr-79	38	5	suggest	suggest	VERB
amfbr-79	38	6	that	that	SCONJ
amfbr-79	38	7	pro	pro	ADJ
amfbr-79	38	8	forma	forma	NOUN
amfbr-79	38	9	earnings	earning	NOUN
amfbr-79	38	10	disclosure	disclosure	NOUN
amfbr-79	38	11	provides	provide	VERB
amfbr-79	38	12	a	a	DET
amfbr-79	38	13	unique	unique	ADJ
amfbr-79	38	14	setting	setting	NOUN
amfbr-79	38	15	for	for	ADP
amfbr-79	38	16	exploring	explore	VERB
amfbr-79	38	17	the	the	DET
amfbr-79	38	18	relation	relation	NOUN
amfbr-79	38	19	between	between	ADP
amfbr-79	38	20	investor	investor	NOUN
amfbr-79	38	21	sentiment	sentiment	NOUN
amfbr-79	38	22	and	and	CCONJ
amfbr-79	38	23	managers	manager	NOUN
amfbr-79	38	24	’	’	PART
amfbr-79	38	25	disclosure	disclosure	NOUN
amfbr-79	38	26	decisions	decision	NOUN
amfbr-79	38	27	.	.	PUNCT
amfbr-79	39	1	2	2	X
amfbr-79	39	2	.	.	X
amfbr-79	39	3	literature	literature	NOUN
amfbr-79	39	4	review	review	NOUN
amfbr-79	39	5	we	we	PRON
amfbr-79	39	6	examine	examine	VERB
amfbr-79	39	7	the	the	DET
amfbr-79	39	8	influence	influence	NOUN
amfbr-79	39	9	of	of	ADP
amfbr-79	39	10	investor	investor	NOUN
amfbr-79	39	11	sentiment	sentiment	NOUN
amfbr-79	39	12	on	on	ADP
amfbr-79	39	13	managers	manager	NOUN
amfbr-79	39	14	’	’	PART
amfbr-79	39	15	discretionary	discretionary	ADJ
amfbr-79	39	16	disclosure	disclosure	NOUN
amfbr-79	39	17	of	of	ADP
amfbr-79	39	18	―proforma‖	―proforma‖	PROPN
amfbr-79	39	19	(	(	PUNCT
amfbr-79	39	20	adjusted	adjust	VERB
amfbr-79	39	21	)	)	PUNCT
amfbr-79	39	22	earnings	earning	NOUN
amfbr-79	39	23	metrics	metric	NOUN
amfbr-79	39	24	in	in	ADP
amfbr-79	39	25	earnings	earning	NOUN
amfbr-79	39	26	press	press	NOUN
amfbr-79	39	27	releases	release	NOUN
amfbr-79	39	28	.	.	PUNCT
amfbr-79	40	1	we	we	PRON
amfbr-79	40	2	find	find	VERB
amfbr-79	40	3	that	that	SCONJ
amfbr-79	40	4	managers	manager	NOUN
amfbr-79	40	5	’	’	PART
amfbr-79	40	6	propensity	propensity	NOUN
amfbr-79	40	7	to	to	PART
amfbr-79	40	8	disclose	disclose	VERB
amfbr-79	40	9	an	an	DET
amfbr-79	40	10	adjusted	adjusted	ADJ
amfbr-79	40	11	earnings	earning	NOUN
amfbr-79	40	12	metric	metric	ADJ
amfbr-79	40	13	increases	increase	NOUN
amfbr-79	40	14	with	with	ADP
amfbr-79	40	15	the	the	DET
amfbr-79	40	16	level	level	NOUN
amfbr-79	40	17	of	of	ADP
amfbr-79	40	18	investor	investor	NOUN
amfbr-79	40	19	sentiment	sentiment	NOUN
amfbr-79	40	20	and	and	CCONJ
amfbr-79	40	21	,	,	PUNCT
amfbr-79	40	22	in	in	ADP
amfbr-79	40	23	particular	particular	ADJ
amfbr-79	40	24	,	,	PUNCT
amfbr-79	40	25	the	the	DET
amfbr-79	40	26	propensity	propensity	NOUN
amfbr-79	40	27	to	to	PART
amfbr-79	40	28	disclose	disclose	VERB
amfbr-79	40	29	an	an	DET
amfbr-79	40	30	adjusted	adjusted	ADJ
amfbr-79	40	31	number	number	NOUN
amfbr-79	40	32	that	that	PRON
amfbr-79	40	33	exceeds	exceed	VERB
amfbr-79	40	34	the	the	DET
amfbr-79	40	35	gaap	gaap	PROPN
amfbr-79	40	36	earnings	earning	NOUN
amfbr-79	40	37	figure	figure	NOUN
amfbr-79	40	38	.	.	PUNCT
amfbr-79	41	1	further	far	ADV
amfbr-79	41	2	,	,	PUNCT
amfbr-79	41	3	ouranalyses	ouranalyse	NOUN
amfbr-79	41	4	suggest	suggest	VERB
amfbr-79	41	5	that	that	SCONJ
amfbr-79	41	6	as	as	SCONJ
amfbr-79	41	7	investor	investor	NOUN
amfbr-79	41	8	sentiment	sentiment	NOUN
amfbr-79	41	9	increases	increase	VERB
amfbr-79	41	10	,	,	PUNCT
amfbr-79	41	11	managers	manager	NOUN
amfbr-79	41	12	(	(	PUNCT
amfbr-79	41	13	1	1	X
amfbr-79	41	14	)	)	PUNCT
amfbr-79	41	15	exclude	exclude	VERB
amfbr-79	41	16	higher	high	ADJ
amfbr-79	41	17	levels	level	NOUN
amfbr-79	41	18	of	of	ADP
amfbr-79	41	19	both	both	PRON
amfbr-79	41	20	recurring	recur	VERB
amfbr-79	41	21	and	and	CCONJ
amfbr-79	41	22	nonrecurring	nonrecurre	VERB
amfbr-79	41	23	expenses	expense	NOUN
amfbr-79	41	24	in	in	ADP
amfbr-79	41	25	calculating	calculate	VERB
amfbr-79	41	26	the	the	DET
amfbr-79	41	27	pro	pro	ADJ
amfbr-79	41	28	forma	forma	NOUN
amfbr-79	41	29	earnings	earning	NOUN
amfbr-79	41	30	number	number	NOUN
amfbr-79	41	31	and	and	CCONJ
amfbr-79	41	32	(	(	PUNCT
amfbr-79	41	33	2	2	X
amfbr-79	41	34	)	)	PUNCT
amfbr-79	41	35	emphasize	emphasize	VERB
amfbr-79	41	36	the	the	DET
amfbr-79	41	37	pro	pro	ADJ
amfbr-79	41	38	forma	forma	NOUN
amfbr-79	41	39	figure	figure	NOUN
amfbr-79	41	40	by	by	ADP
amfbr-79	41	41	placing	place	VERB
amfbr-79	41	42	it	it	PRON
amfbr-79	41	43	more	more	ADV
amfbr-79	41	44	prominently	prominently	ADV
amfbr-79	41	45	within	within	ADP
amfbr-79	41	46	the	the	DET
amfbr-79	41	47	earnings	earning	NOUN
amfbr-79	41	48	press	press	NOUN
amfbr-79	41	49	release	release	NOUN
amfbr-79	41	50	.	.	PUNCT
amfbr-79	42	1	additional	additional	ADJ
amfbr-79	42	2	analyses	analysis	NOUN
amfbr-79	42	3	indicate	indicate	VERB
amfbr-79	42	4	that	that	SCONJ
amfbr-79	42	5	the	the	DET
amfbr-79	42	6	association	association	NOUN
amfbr-79	42	7	between	between	ADP
amfbr-79	42	8	investor	investor	NOUN
amfbr-79	42	9	sentiment	sentiment	NOUN
amfbr-79	42	10	and	and	CCONJ
amfbr-79	42	11	managers	manager	NOUN
amfbr-79	42	12	’	'	PUNCT
amfbr-79	42	13	pro	pro	X
amfbr-79	42	14	forma	forma	NOUN
amfbr-79	42	15	disclosure	disclosure	NOUN
amfbr-79	42	16	decisions	decision	NOUN
amfbr-79	42	17	at	at	ADP
amfbr-79	42	18	least	least	ADJ
amfbr-79	42	19	partly	partly	ADV
amfbr-79	42	20	reflects	reflect	VERB
amfbr-79	42	21	opportunistic	opportunistic	ADJ
amfbr-79	42	22	motives	motive	NOUN
amfbr-79	42	23	.	.	PUNCT
amfbr-79	43	1	finally	finally	ADV
amfbr-79	43	2	,	,	PUNCT
amfbr-79	43	3	we	we	PRON
amfbr-79	43	4	find	find	VERB
amfbr-79	43	5	that	that	SCONJ
amfbr-79	43	6	managers	manager	NOUN
amfbr-79	43	7	’	'	PUNCT
amfbr-79	43	8	own	own	ADJ
amfbr-79	43	9	sentiment	sentiment	NOUN
amfbr-79	43	10	-	-	PUNCT
amfbr-79	43	11	driven	drive	VERB
amfbr-79	43	12	expectations	expectation	NOUN
amfbr-79	43	13	also	also	ADV
amfbr-79	43	14	play	play	VERB
amfbr-79	43	15	a	a	DET
amfbr-79	43	16	role	role	NOUN
amfbr-79	43	17	in	in	ADP
amfbr-79	43	18	their	their	PRON
amfbr-79	43	19	pro	pro	ADJ
amfbr-79	43	20	forma	forma	NOUN
amfbr-79	43	21	disclosure	disclosure	NOUN
amfbr-79	43	22	decisions	decision	NOUN
amfbr-79	43	23	.	.	PUNCT
amfbr-79	44	1	(	(	PUNCT
amfbr-79	44	2	brown	brown	ADJ
amfbr-79	44	3	,	,	PUNCT
amfbr-79	44	4	n.	n.	PROPN
amfbr-79	44	5	c.	c.	PROPN
amfbr-79	44	6	,	,	PUNCT
amfbr-79	44	7	christensen	christensen	PROPN
amfbr-79	44	8	,	,	PUNCT
amfbr-79	44	9	t.	t.	PROPN
amfbr-79	44	10	e.	e.	PROPN
amfbr-79	44	11	,	,	PUNCT
amfbr-79	44	12	elliott	elliott	PROPN
amfbr-79	44	13	,	,	PUNCT
amfbr-79	44	14	w.	w.	PROPN
amfbr-79	44	15	b.	b.	PROPN
amfbr-79	44	16	,	,	PUNCT
amfbr-79	44	17	&	&	CCONJ
amfbr-79	44	18	mergenthaler	mergenthaler	PROPN
amfbr-79	44	19	,	,	PUNCT
amfbr-79	44	20	r.	r.	PROPN
amfbr-79	44	21	d.	d.	PROPN
amfbr-79	44	22	,2012	,2012	PUNCT
amfbr-79	44	23	)	)	PUNCT
amfbr-79	44	24	.	.	PUNCT
amfbr-79	45	1	drawing	draw	VERB
amfbr-79	45	2	on	on	ADP
amfbr-79	45	3	recent	recent	ADJ
amfbr-79	45	4	research	research	NOUN
amfbr-79	45	5	on	on	ADP
amfbr-79	45	6	accounting	accounting	NOUN
amfbr-79	45	7	-	-	PUNCT
amfbr-79	45	8	based	base	VERB
amfbr-79	45	9	valuation	valuation	NOUN
amfbr-79	45	10	,	,	PUNCT
amfbr-79	45	11	this	this	DET
amfbr-79	45	12	paper	paper	NOUN
amfbr-79	45	13	ventures	venture	NOUN
amfbr-79	45	14	to	to	PART
amfbr-79	45	15	produce	produce	VERB
amfbr-79	45	16	a	a	DET
amfbr-79	45	17	structural	structural	ADJ
amfbr-79	45	18	approach	approach	NOUN
amfbr-79	45	19	to	to	ADP
amfbr-79	45	20	financial	financial	ADJ
amfbr-79	45	21	statement	statement	NOUN
amfbr-79	45	22	analysis	analysis	NOUN
amfbr-79	45	23	for	for	ADP
amfbr-79	45	24	equity	equity	NOUN
amfbr-79	45	25	valuation	valuation	NOUN
amfbr-79	45	26	.	.	PUNCT
amfbr-79	46	1	the	the	DET
amfbr-79	46	2	structure	structure	NOUN
amfbr-79	46	3	not	not	PART
amfbr-79	46	4	only	only	ADV
amfbr-79	46	5	identifies	identify	VERB
amfbr-79	46	6	relevant	relevant	ADJ
amfbr-79	46	7	ratios	ratio	NOUN
amfbr-79	46	8	,	,	PUNCT
amfbr-79	46	9	but	but	CCONJ
amfbr-79	46	10	also	also	ADV
amfbr-79	46	11	provides	provide	VERB
amfbr-79	46	12	a	a	DET
amfbr-79	46	13	way	way	NOUN
amfbr-79	46	14	of	of	ADP
amfbr-79	46	15	organizing	organize	VERB
amfbr-79	46	16	the	the	DET
amfbr-79	46	17	analysis	analysis	NOUN
amfbr-79	46	18	task.the	task.the	DET
amfbr-79	46	19	result	result	NOUN
amfbr-79	46	20	is	be	AUX
amfbr-79	46	21	a	a	DET
amfbr-79	46	22	fundamental	fundamental	ADJ
amfbr-79	46	23	analysis	analysis	NOUN
amfbr-79	46	24	that	that	PRON
amfbr-79	46	25	is	be	AUX
amfbr-79	46	26	very	very	ADV
amfbr-79	46	27	much	much	ADV
amfbr-79	46	28	grounded	ground	VERB
amfbr-79	46	29	in	in	ADP
amfbr-79	46	30	the	the	DET
amfbr-79	46	31	financial	financial	ADJ
amfbr-79	46	32	statements	statement	NOUN
amfbr-79	46	33	;	;	PUNCT
amfbr-79	46	34	indeed	indeed	ADV
amfbr-79	46	35	,	,	PUNCT
amfbr-79	46	36	fundamental	fundamental	ADJ
amfbr-79	46	37	analysis	analysis	NOUN
amfbr-79	46	38	is	be	AUX
amfbr-79	46	39	cast	cast	VERB
amfbr-79	46	40	as	as	ADP
amfbr-79	46	41	a	a	DET
amfbr-79	46	42	matter	matter	NOUN
amfbr-79	46	43	of	of	ADP
amfbr-79	46	44	appropriate	appropriate	ADJ
amfbr-79	46	45	financial	financial	ADJ
amfbr-79	46	46	statement	statement	NOUN
amfbr-79	46	47	analysis.the	analysis.the	DET
amfbr-79	46	48	structural	structural	ADJ
amfbr-79	46	49	approach	approach	NOUN
amfbr-79	46	50	contrasts	contrast	VERB
amfbr-79	46	51	to	to	ADP
amfbr-79	46	52	the	the	DET
amfbr-79	46	53	purely	purely	ADV
amfbr-79	46	54	empirical	empirical	ADJ
amfbr-79	46	55	approach	approach	NOUN
amfbr-79	46	56	in	in	ADP
amfbr-79	46	57	ou	ou	PROPN
amfbr-79	46	58	and	and	CCONJ
amfbr-79	46	59	penman	penman	PROPN
amfbr-79	46	60	(	(	PUNCT
amfbr-79	46	61	1989	1989	NUM
amfbr-79	46	62	)	)	PUNCT
amfbr-79	46	63	.	.	PUNCT
amfbr-79	47	1	that	that	DET
amfbr-79	47	2	paper	paper	NOUN
amfbr-79	47	3	identified	identify	VERB
amfbr-79	47	4	ratios	ratio	NOUN
amfbr-79	47	5	that	that	PRON
amfbr-79	47	6	predicted	predict	VERB
amfbr-79	47	7	earnings	earning	NOUN
amfbr-79	47	8	changes	change	NOUN
amfbr-79	47	9	in	in	ADP
amfbr-79	47	10	the	the	DET
amfbr-79	47	11	data	datum	NOUN
amfbr-79	47	12	;	;	PUNCT
amfbr-79	47	13	no	no	DET
amfbr-79	47	14	thought	thought	NOUN
amfbr-79	47	15	was	be	AUX
amfbr-79	47	16	given	give	VERB
amfbr-79	47	17	to	to	ADP
amfbr-79	47	18	the	the	DET
amfbr-79	47	19	identification	identification	NOUN
amfbr-79	47	20	.	.	PUNCT
amfbr-79	48	1	the	the	DET
amfbr-79	48	2	approach	approach	NOUN
amfbr-79	48	3	also	also	ADV
amfbr-79	48	4	contrasts	contrast	VERB
amfbr-79	48	5	to	to	ADP
amfbr-79	48	6	that	that	PRON
amfbr-79	48	7	in	in	ADP
amfbr-79	48	8	lev	lev	NOUN
amfbr-79	48	9	and	and	CCONJ
amfbr-79	48	10	thiagarajan	thiagarajan	NOUN
amfbr-79	48	11	(	(	PUNCT
amfbr-79	48	12	1993	1993	NUM
amfbr-79	48	13	)	)	PUNCT
amfbr-79	48	14	who	who	PRON
amfbr-79	48	15	defer	defer	VERB
amfbr-79	48	16	to	to	ADP
amfbr-79	48	17	―expert	―expert	PROPN
amfbr-79	48	18	judgment‖	judgment‖	NOUN
amfbr-79	48	19	and	and	CCONJ
amfbr-79	48	20	identify	identify	VERB
amfbr-79	48	21	ratios	ratio	NOUN
amfbr-79	48	22	that	that	SCONJ
amfbr-79	48	23	analysts	analyst	NOUN
amfbr-79	48	24	actually	actually	ADV
amfbr-79	48	25	use	use	VERB
amfbr-79	48	26	in	in	ADP
amfbr-79	48	27	practice	practice	NOUN
amfbr-79	48	28	.	.	PUNCT
amfbr-79	49	1	2	2	X
amfbr-79	49	2	.	.	X
amfbr-79	49	3	data	datum	NOUN
amfbr-79	49	4	analysis	analysis	NOUN
amfbr-79	49	5	2.1	2.1	NUM
amfbr-79	49	6	industry	industry	NOUN
amfbr-79	49	7	analysis	analysis	NOUN
amfbr-79	49	8	of	of	ADP
amfbr-79	49	9	fu	fu	ADJ
amfbr-79	49	10	-	-	PUNCT
amfbr-79	49	11	wang	wang	PROPN
amfbr-79	49	12	foods	food	NOUN
amfbr-79	49	13	limited	limit	VERB
amfbr-79	49	14	1.1	1.1	NUM
amfbr-79	49	15	the	the	DET
amfbr-79	49	16	industry	industry	NOUN
amfbr-79	49	17	my	my	PRON
amfbr-79	49	18	selected	select	VERB
amfbr-79	49	19	company	company	NOUN
amfbr-79	49	20	belongs	belong	VERB
amfbr-79	49	21	to	to	ADP
amfbr-79	49	22	:	:	PUNCT
amfbr-79	49	23	food	food	NOUN
amfbr-79	49	24	processing	processing	NOUN
amfbr-79	49	25	industry	industry	NOUN
amfbr-79	49	26	1.2	1.2	NUM
amfbr-79	49	27	potential	potential	ADJ
amfbr-79	49	28	profitability	profitability	NOUN
amfbr-79	49	29	of	of	ADP
amfbr-79	49	30	the	the	DET
amfbr-79	49	31	industry	industry	NOUN
amfbr-79	49	32	:	:	PUNCT
amfbr-79	49	33	an	an	DET
amfbr-79	49	34	empirical	empirical	ADJ
amfbr-79	49	35	research	research	NOUN
amfbr-79	49	36	on	on	ADP
amfbr-79	49	37	fu	fu	PROPN
amfbr-79	49	38	-	-	PUNCT
amfbr-79	49	39	wang	wang	PROPN
amfbr-79	49	40	foods	foods	PROPN
amfbr-79	49	41	ltd	ltd	PROPN
amfbr-79	49	42	:	:	PUNCT
amfbr-79	49	43	industry	industry	NOUN
amfbr-79	49	44	,	,	PUNCT
amfbr-79	49	45	strategy	strategy	NOUN
amfbr-79	49	46	,	,	PUNCT
amfbr-79	49	47	accounting	accounting	NOUN
amfbr-79	49	48	,	,	PUNCT
amfbr-79	49	49	ratio	ratio	NOUN
amfbr-79	49	50	,	,	PUNCT
amfbr-79	49	51	valuation	valuation	NOUN
amfbr-79	49	52	and	and	CCONJ
amfbr-79	49	53	proforma	proforma	NOUN
amfbr-79	49	54	analysis	analysis	NOUN
amfbr-79	49	55	k.	k.	PROPN
amfbr-79	49	56	m.	m.	PROPN
amfbr-79	49	57	anwarul	anwarul	PROPN
amfbr-79	50	1	islam	islam	PROPN
amfbr-79	50	2	3	3	NUM
amfbr-79	50	3	1.2.1	1.2.1	NUM
amfbr-79	50	4	maintaining	maintain	VERB
amfbr-79	50	5	the	the	DET
amfbr-79	50	6	quality	quality	NOUN
amfbr-79	50	7	of	of	ADP
amfbr-79	50	8	the	the	DET
amfbr-79	50	9	product	product	NOUN
amfbr-79	50	10	and	and	CCONJ
amfbr-79	50	11	keeping	keep	VERB
amfbr-79	50	12	the	the	DET
amfbr-79	50	13	processing	processing	NOUN
amfbr-79	50	14	of	of	ADP
amfbr-79	50	15	food	food	NOUN
amfbr-79	50	16	hygienic	hygienic	NOUN
amfbr-79	50	17	are	be	AUX
amfbr-79	50	18	two	two	NUM
amfbr-79	50	19	most	most	ADV
amfbr-79	50	20	critical	critical	ADJ
amfbr-79	50	21	factors	factor	NOUN
amfbr-79	50	22	for	for	ADP
amfbr-79	50	23	the	the	DET
amfbr-79	50	24	profitability	profitability	NOUN
amfbr-79	50	25	of	of	ADP
amfbr-79	50	26	the	the	DET
amfbr-79	50	27	industry	industry	NOUN
amfbr-79	50	28	.	.	PUNCT
amfbr-79	51	1	two	two	NUM
amfbr-79	51	2	factors	factor	NOUN
amfbr-79	51	3	that	that	PRON
amfbr-79	51	4	are	be	AUX
amfbr-79	51	5	also	also	ADV
amfbr-79	51	6	very	very	ADV
amfbr-79	51	7	important	important	ADJ
amfbr-79	51	8	and	and	CCONJ
amfbr-79	51	9	related	relate	VERB
amfbr-79	51	10	for	for	ADP
amfbr-79	51	11	the	the	DET
amfbr-79	51	12	profitability	profitability	NOUN
amfbr-79	51	13	of	of	ADP
amfbr-79	51	14	the	the	DET
amfbr-79	51	15	industry	industry	NOUN
amfbr-79	51	16	are	be	AUX
amfbr-79	51	17	:	:	PUNCT
amfbr-79	51	18			X
amfbr-79	52	1	threat	threat	NOUN
amfbr-79	52	2	of	of	ADP
amfbr-79	52	3	new	new	ADJ
amfbr-79	52	4	entrants	entrant	NOUN
amfbr-79	52	5			PART
amfbr-79	52	6	intra	intra	ADJ
amfbr-79	52	7	-	-	ADJ
amfbr-79	52	8	industry	industry	ADJ
amfbr-79	52	9	rivalry	rivalry	NOUN
amfbr-79	52	10	on	on	ADP
amfbr-79	52	11	the	the	DET
amfbr-79	52	12	basis	basis	NOUN
amfbr-79	52	13	of	of	ADP
amfbr-79	52	14	porter	porter	NOUN
amfbr-79	52	15	’s	’s	PART
amfbr-79	52	16	five	five	NUM
amfbr-79	52	17	factor	factor	NOUN
amfbr-79	52	18	model	model	NOUN
amfbr-79	52	19	,	,	PUNCT
amfbr-79	52	20	the	the	DET
amfbr-79	52	21	followings	following	NOUN
amfbr-79	52	22	can	can	AUX
amfbr-79	52	23	be	be	AUX
amfbr-79	52	24	considered	consider	VERB
amfbr-79	52	25	:	:	PUNCT
amfbr-79	52	26			NOUN
amfbr-79	52	27	threat	threat	NOUN
amfbr-79	52	28	of	of	ADP
amfbr-79	52	29	new	new	ADJ
amfbr-79	52	30	entrants	entrant	NOUN
amfbr-79	52	31	is	be	AUX
amfbr-79	52	32	highest	high	ADJ
amfbr-79	52	33	since	since	SCONJ
amfbr-79	52	34	:	:	PUNCT
amfbr-79	52	35			X
amfbr-79	52	36	capital	capital	NOUN
amfbr-79	52	37	requirements	requirement	NOUN
amfbr-79	52	38	are	be	AUX
amfbr-79	52	39	low	low	ADJ
amfbr-79	52	40	in	in	ADP
amfbr-79	52	41	foods	food	NOUN
amfbr-79	52	42	industry	industry	NOUN
amfbr-79	52	43	.	.	PUNCT
amfbr-79	53	1			PUNCT
amfbr-79	54	1	customers	customer	NOUN
amfbr-79	54	2	’	'	PUNCT
amfbr-79	54	3	switching	switch	VERB
amfbr-79	54	4	costs	cost	NOUN
amfbr-79	54	5	are	be	AUX
amfbr-79	54	6	low	low	ADJ
amfbr-79	54	7			NOUN
amfbr-79	54	8	government	government	NOUN
amfbr-79	54	9	does	do	AUX
amfbr-79	54	10	not	not	PART
amfbr-79	54	11	provide	provide	VERB
amfbr-79	54	12	subsidy	subsidy	NOUN
amfbr-79	54	13	or	or	CCONJ
amfbr-79	54	14	regulate	regulate	VERB
amfbr-79	54	15	prices	price	NOUN
amfbr-79	54	16	/	/	SYM
amfbr-79	54	17	entry	entry	NOUN
amfbr-79	54	18			X
amfbr-79	54	19	low	low	ADJ
amfbr-79	54	20	bep	bep	NOUN
amfbr-79	54	21	in	in	ADP
amfbr-79	54	22	foods	food	NOUN
amfbr-79	54	23	industry	industry	NOUN
amfbr-79	54	24			NOUN
amfbr-79	54	25	bargaining	bargaining	NOUN
amfbr-79	54	26	power	power	NOUN
amfbr-79	54	27	of	of	ADP
amfbr-79	54	28	buyers	buyer	NOUN
amfbr-79	54	29	is	be	AUX
amfbr-79	54	30	not	not	PART
amfbr-79	54	31	highest	high	ADJ
amfbr-79	54	32	as	as	ADP
amfbr-79	54	33	:	:	PUNCT
amfbr-79	54	34			NUM
amfbr-79	54	35	buyers	buyer	NOUN
amfbr-79	54	36	can	can	AUX
amfbr-79	54	37	not	not	PART
amfbr-79	54	38	in	in	ADP
amfbr-79	54	39	-	-	PUNCT
amfbr-79	54	40	source	source	NOUN
amfbr-79	55	1	backward	backward	ADJ
amfbr-79	55	2			PUNCT
amfbr-79	55	3	buyers	buyer	NOUN
amfbr-79	55	4	do	do	AUX
amfbr-79	55	5	n’t	not	PART
amfbr-79	55	6	know	know	VERB
amfbr-79	55	7	the	the	DET
amfbr-79	55	8	production	production	NOUN
amfbr-79	55	9	costs	cost	NOUN
amfbr-79	55	10	well	well	ADV
amfbr-79	55	11			PUNCT
amfbr-79	55	12	foods	food	NOUN
amfbr-79	55	13	industries	industry	NOUN
amfbr-79	55	14	are	be	AUX
amfbr-79	55	15	concentrated	concentrate	VERB
amfbr-79	55	16			NOUN
amfbr-79	55	17	bargaining	bargaining	NOUN
amfbr-79	55	18	power	power	NOUN
amfbr-79	55	19	of	of	ADP
amfbr-79	55	20	suppliers	supplier	NOUN
amfbr-79	55	21	is	be	AUX
amfbr-79	55	22	not	not	PART
amfbr-79	55	23	highest	high	ADJ
amfbr-79	55	24	because	because	SCONJ
amfbr-79	55	25	:	:	PUNCT
amfbr-79	55	26			NUM
amfbr-79	55	27	suppliers	supplier	NOUN
amfbr-79	55	28	can	can	AUX
amfbr-79	55	29	not	not	PART
amfbr-79	55	30	forward	forward	ADV
amfbr-79	55	31	integrate	integrate	VERB
amfbr-79	55	32			PROPN
amfbr-79	55	33	suppliers	supplier	NOUN
amfbr-79	55	34	’	'	PUNCT
amfbr-79	55	35	products	product	NOUN
amfbr-79	55	36	are	be	AUX
amfbr-79	55	37	not	not	PART
amfbr-79	55	38	highly	highly	ADV
amfbr-79	55	39	differentiated	differentiated	ADJ
amfbr-79	55	40			NOUN
amfbr-79	55	41	intra	intra	ADJ
amfbr-79	55	42	-	-	ADJ
amfbr-79	55	43	industry	industry	ADJ
amfbr-79	55	44	rivalry	rivalry	NOUN
amfbr-79	55	45	is	be	AUX
amfbr-79	55	46	fiercest	fierce	ADJ
amfbr-79	55	47	as	as	ADP
amfbr-79	55	48	:	:	PUNCT
amfbr-79	55	49			X
amfbr-79	55	50	large	large	ADJ
amfbr-79	55	51	number	number	NOUN
amfbr-79	55	52	of	of	ADP
amfbr-79	55	53	competitors	competitor	NOUN
amfbr-79	55	54	in	in	ADP
amfbr-79	55	55	the	the	DET
amfbr-79	55	56	industry	industry	NOUN
amfbr-79	55	57			PART
amfbr-79	55	58	industry	industry	NOUN
amfbr-79	55	59	is	be	AUX
amfbr-79	55	60	growing	grow	VERB
amfbr-79	55	61			NUM
amfbr-79	55	62	buyers	buyer	NOUN
amfbr-79	55	63	have	have	VERB
amfbr-79	55	64	low	low	ADJ
amfbr-79	55	65	switching	switching	NOUN
amfbr-79	55	66	costs	cost	NOUN
amfbr-79	55	67	1.3	1.3	NUM
amfbr-79	55	68	the	the	DET
amfbr-79	55	69	industry	industry	NOUN
amfbr-79	55	70	is	be	AUX
amfbr-79	55	71	capable	capable	ADJ
amfbr-79	55	72	of	of	ADP
amfbr-79	55	73	retaining	retain	VERB
amfbr-79	55	74	the	the	DET
amfbr-79	55	75	profit	profit	NOUN
amfbr-79	55	76	it	it	PRON
amfbr-79	55	77	makes	make	VERB
amfbr-79	55	78	because	because	SCONJ
amfbr-79	55	79	of	of	ADP
amfbr-79	55	80	the	the	DET
amfbr-79	55	81	following	follow	VERB
amfbr-79	55	82	factors	factor	NOUN
amfbr-79	55	83	:	:	PUNCT
amfbr-79	56	1			X
amfbr-79	57	1	threat	threat	NOUN
amfbr-79	57	2	of	of	ADP
amfbr-79	57	3	new	new	ADJ
amfbr-79	57	4	competitors	competitor	NOUN
amfbr-79	57	5	entering	enter	VERB
amfbr-79	57	6	the	the	DET
amfbr-79	57	7	industry	industry	NOUN
amfbr-79	57	8			NOUN
amfbr-79	57	9	rivalry	rivalry	NOUN
amfbr-79	57	10	among	among	ADP
amfbr-79	57	11	current	current	ADJ
amfbr-79	57	12	competitors	competitor	NOUN
amfbr-79	57	13	in	in	ADP
amfbr-79	57	14	the	the	DET
amfbr-79	57	15	industry	industry	NOUN
amfbr-79	57	16	1.4	1.4	NUM
amfbr-79	57	17	other	other	ADJ
amfbr-79	57	18	reasons	reason	NOUN
amfbr-79	57	19			X
amfbr-79	57	20	food	food	NOUN
amfbr-79	57	21	is	be	AUX
amfbr-79	57	22	one	one	NUM
amfbr-79	57	23	of	of	ADP
amfbr-79	57	24	the	the	DET
amfbr-79	57	25	essential	essential	ADJ
amfbr-79	57	26	products	product	NOUN
amfbr-79	57	27			PART
amfbr-79	57	28	industry	industry	NOUN
amfbr-79	57	29	is	be	AUX
amfbr-79	57	30	in	in	ADP
amfbr-79	57	31	growing	grow	VERB
amfbr-79	57	32	state	state	NOUN
amfbr-79	57	33			NOUN
amfbr-79	57	34	bargaining	bargaining	NOUN
amfbr-79	57	35	power	power	NOUN
amfbr-79	57	36	of	of	ADP
amfbr-79	57	37	buyers	buyer	NOUN
amfbr-79	57	38	and	and	CCONJ
amfbr-79	57	39	suppliers	supplier	NOUN
amfbr-79	57	40	are	be	AUX
amfbr-79	57	41	not	not	PART
amfbr-79	57	42	that	that	ADV
amfbr-79	57	43	much	much	ADJ
amfbr-79	57	44	dominant	dominant	ADJ
amfbr-79	57	45	2.2	2.2	NUM
amfbr-79	57	46	strategy	strategy	NOUN
amfbr-79	57	47	analysis	analysis	NOUN
amfbr-79	57	48	of	of	ADP
amfbr-79	57	49	fu	fu	ADJ
amfbr-79	57	50	-	-	PUNCT
amfbr-79	57	51	wang	wang	PROPN
amfbr-79	57	52	foods	food	NOUN
amfbr-79	57	53	limited	limit	VERB
amfbr-79	57	54	:	:	PUNCT
amfbr-79	57	55	generic	generic	ADJ
amfbr-79	57	56	strategy	strategy	NOUN
amfbr-79	57	57	pursued	pursue	VERB
amfbr-79	57	58	by	by	ADP
amfbr-79	57	59	fu	fu	PROPN
amfbr-79	57	60	-	-	PUNCT
amfbr-79	57	61	wang	wang	PROPN
amfbr-79	57	62	foods	food	NOUN
amfbr-79	57	63	limited	limit	VERB
amfbr-79	57	64	is	be	AUX
amfbr-79	57	65	“	"	PUNCT
amfbr-79	57	66	differentiation	differentiation	NOUN
amfbr-79	57	67	we	we	PRON
amfbr-79	57	68	think	think	VERB
amfbr-79	57	69	the	the	DET
amfbr-79	57	70	company	company	NOUN
amfbr-79	57	71	can	can	AUX
amfbr-79	57	72	survive	survive	VERB
amfbr-79	57	73	and	and	CCONJ
amfbr-79	57	74	prosper	prosper	VERB
amfbr-79	57	75	given	give	VERB
amfbr-79	57	76	its	its	PRON
amfbr-79	57	77	strategy	strategy	NOUN
amfbr-79	57	78	because	because	SCONJ
amfbr-79	57	79	of	of	ADP
amfbr-79	57	80	the	the	DET
amfbr-79	57	81	following	follow	VERB
amfbr-79	57	82	factors	factor	NOUN
amfbr-79	57	83	:	:	PUNCT
amfbr-79	57	84			X
amfbr-79	57	85	higher	high	ADJ
amfbr-79	57	86	demand	demand	NOUN
amfbr-79	57	87	at	at	ADP
amfbr-79	57	88	given	give	VERB
amfbr-79	57	89	price	price	NOUN
amfbr-79	57	90			PART
amfbr-79	57	91	less	less	ADJ
amfbr-79	57	92	price	price	NOUN
amfbr-79	57	93	sensitive	sensitive	ADJ
amfbr-79	57	94	demand	demand	NOUN
amfbr-79	57	95			VERB
amfbr-79	57	96	more	more	ADJ
amfbr-79	57	97	varieties	variety	NOUN
amfbr-79	57	98	of	of	ADP
amfbr-79	57	99	product	product	NOUN
amfbr-79	57	100			VERB
amfbr-79	57	101	more	more	ADJ
amfbr-79	57	102	value	value	NOUN
amfbr-79	57	103	added	add	VERB
amfbr-79	57	104	service	service	NOUN
amfbr-79	57	105			PART
amfbr-79	57	106	quality	quality	NOUN
amfbr-79	57	107	product	product	NOUN
amfbr-79	57	108	2.2.1	2.2.1	NUM
amfbr-79	57	109	what	what	PRON
amfbr-79	57	110	kind	kind	NOUN
amfbr-79	57	111	of	of	ADP
amfbr-79	57	112	competition	competition	NOUN
amfbr-79	57	113	is	be	AUX
amfbr-79	57	114	observed	observe	VERB
amfbr-79	57	115	profit	profit	NOUN
amfbr-79	57	116	enhancing	enhancing	NOUN
amfbr-79	57	117	or	or	CCONJ
amfbr-79	57	118	profit	profit	NOUN
amfbr-79	57	119	destroying	destroy	VERB
amfbr-79	57	120	?	?	PUNCT
amfbr-79	58	1	fu	fu	ADJ
amfbr-79	58	2	-	-	PUNCT
amfbr-79	58	3	wang	wang	PROPN
amfbr-79	58	4	foods	food	NOUN
amfbr-79	58	5	limited	limit	VERB
amfbr-79	58	6	belongs	belong	VERB
amfbr-79	58	7	to	to	ADP
amfbr-79	58	8	food	food	NOUN
amfbr-79	58	9	processing	processing	NOUN
amfbr-79	58	10	industry	industry	NOUN
amfbr-79	58	11	.	.	PUNCT
amfbr-79	59	1	this	this	DET
amfbr-79	59	2	industry	industry	NOUN
amfbr-79	59	3	has	have	VERB
amfbr-79	59	4	too	too	ADV
amfbr-79	59	5	many	many	ADJ
amfbr-79	59	6	competitors	competitor	NOUN
amfbr-79	59	7	like	like	ADP
amfbr-79	59	8	bangas	bangas	PROPN
amfbr-79	59	9	foods	foods	PROPN
amfbr-79	59	10	ltd	ltd	PROPN
amfbr-79	59	11	.	.	PROPN
amfbr-79	59	12	,	,	PUNCT
amfbr-79	59	13	bd	bd	PROPN
amfbr-79	59	14	foods	foods	PROPN
amfbr-79	59	15	ltd	ltd	PROPN
amfbr-79	59	16	.	.	PROPN
amfbr-79	59	17	,	,	PUNCT
amfbr-79	59	18	apex	apex	PROPN
amfbr-79	59	19	foods	foods	PROPN
amfbr-79	59	20	ltd	ltd	PROPN
amfbr-79	59	21	.	.	PROPN
amfbr-79	59	22	,	,	PUNCT
amfbr-79	59	23	bengal	bengal	PROPN
amfbr-79	59	24	foods	foods	PROPN
amfbr-79	59	25	ltd	ltd	PROPN
amfbr-79	59	26	.	.	PROPN
amfbr-79	59	27	,	,	PUNCT
amfbr-79	59	28	etc	etc	X
amfbr-79	59	29	.	.	X
amfbr-79	59	30	before	before	SCONJ
amfbr-79	59	31	we	we	PRON
amfbr-79	59	32	reach	reach	VERB
amfbr-79	59	33	to	to	ADP
amfbr-79	59	34	any	any	DET
amfbr-79	59	35	conclusion	conclusion	NOUN
amfbr-79	59	36	an	an	DET
amfbr-79	59	37	empirical	empirical	ADJ
amfbr-79	59	38	research	research	NOUN
amfbr-79	59	39	on	on	ADP
amfbr-79	59	40	fu	fu	PROPN
amfbr-79	59	41	-	-	PUNCT
amfbr-79	59	42	wang	wang	PROPN
amfbr-79	59	43	foods	foods	PROPN
amfbr-79	59	44	ltd	ltd	PROPN
amfbr-79	59	45	:	:	PUNCT
amfbr-79	59	46	industry	industry	NOUN
amfbr-79	59	47	,	,	PUNCT
amfbr-79	59	48	strategy	strategy	NOUN
amfbr-79	59	49	,	,	PUNCT
amfbr-79	59	50	accounting	accounting	NOUN
amfbr-79	59	51	,	,	PUNCT
amfbr-79	59	52	ratio	ratio	NOUN
amfbr-79	59	53	,	,	PUNCT
amfbr-79	59	54	valuation	valuation	NOUN
amfbr-79	59	55	and	and	CCONJ
amfbr-79	59	56	proforma	proforma	NOUN
amfbr-79	60	1	analysis	analysis	NOUN
amfbr-79	60	2	k.	k.	PROPN
amfbr-79	60	3	m.	m.	PROPN
amfbr-79	60	4	anwarul	anwarul	PROPN
amfbr-79	60	5	islam	islam	PROPN
amfbr-79	60	6	4	4	NUM
amfbr-79	60	7	whether	whether	SCONJ
amfbr-79	60	8	the	the	DET
amfbr-79	60	9	competition	competition	NOUN
amfbr-79	60	10	is	be	AUX
amfbr-79	60	11	profit	profit	NOUN
amfbr-79	60	12	enhancing	enhancing	NOUN
amfbr-79	60	13	or	or	CCONJ
amfbr-79	60	14	profit	profit	NOUN
amfbr-79	60	15	destroying	destroy	VERB
amfbr-79	60	16	,	,	PUNCT
amfbr-79	60	17	the	the	DET
amfbr-79	60	18	followings	following	NOUN
amfbr-79	60	19	can	can	AUX
amfbr-79	60	20	be	be	AUX
amfbr-79	60	21	discussed	discuss	VERB
amfbr-79	60	22	competition	competition	NOUN
amfbr-79	60	23	can	can	AUX
amfbr-79	60	24	be	be	AUX
amfbr-79	60	25	done	do	VERB
amfbr-79	60	26	in	in	ADP
amfbr-79	60	27	two	two	NUM
amfbr-79	60	28	sectors	sector	NOUN
amfbr-79	60	29	-price	-price	NOUN
amfbr-79	60	30	segment	segment	NOUN
amfbr-79	60	31	or	or	CCONJ
amfbr-79	60	32	non	non	ADJ
amfbr-79	60	33	-	-	ADJ
amfbr-79	60	34	price	price	ADJ
amfbr-79	60	35	segment	segment	NOUN
amfbr-79	60	36	.	.	PUNCT
amfbr-79	61	1	price	price	NOUN
amfbr-79	61	2	competition	competition	NOUN
amfbr-79	61	3	means	mean	VERB
amfbr-79	61	4	changing	change	VERB
amfbr-79	61	5	price	price	NOUN
amfbr-79	61	6	of	of	ADP
amfbr-79	61	7	products	product	NOUN
amfbr-79	61	8	to	to	PART
amfbr-79	61	9	attract	attract	VERB
amfbr-79	61	10	more	more	ADJ
amfbr-79	61	11	customers	customer	NOUN
amfbr-79	61	12	while	while	SCONJ
amfbr-79	61	13	non	non	ADJ
amfbr-79	61	14	-	-	ADJ
amfbr-79	61	15	price	price	ADJ
amfbr-79	61	16	competition	competition	NOUN
amfbr-79	61	17	refers	refer	VERB
amfbr-79	61	18	to	to	ADP
amfbr-79	61	19	sales	sale	NOUN
amfbr-79	61	20	promotions	promotion	NOUN
amfbr-79	61	21	,	,	PUNCT
amfbr-79	61	22	advertisement	advertisement	NOUN
amfbr-79	61	23	,	,	PUNCT
amfbr-79	61	24	free	free	ADJ
amfbr-79	61	25	samples	sample	NOUN
amfbr-79	61	26	etc	etc	X
amfbr-79	61	27	.	.	X
amfbr-79	61	28	in	in	ADP
amfbr-79	61	29	general	general	ADJ
amfbr-79	61	30	,	,	PUNCT
amfbr-79	61	31	price	price	NOUN
amfbr-79	61	32	competition	competition	NOUN
amfbr-79	61	33	erodes	erode	VERB
amfbr-79	61	34	profit	profit	NOUN
amfbr-79	61	35	by	by	ADP
amfbr-79	61	36	compelling	compel	VERB
amfbr-79	61	37	the	the	DET
amfbr-79	61	38	firm	firm	NOUN
amfbr-79	61	39	to	to	PART
amfbr-79	61	40	receive	receive	VERB
amfbr-79	61	41	fewer	few	ADJ
amfbr-79	61	42	prices	price	NOUN
amfbr-79	61	43	per	per	ADP
amfbr-79	61	44	unit	unit	NOUN
amfbr-79	61	45	of	of	ADP
amfbr-79	61	46	product	product	NOUN
amfbr-79	61	47	unless	unless	SCONJ
amfbr-79	61	48	the	the	DET
amfbr-79	61	49	industry	industry	NOUN
amfbr-79	61	50	is	be	AUX
amfbr-79	61	51	in	in	ADP
amfbr-79	61	52	a	a	DET
amfbr-79	61	53	growing	grow	VERB
amfbr-79	61	54	phase	phase	NOUN
amfbr-79	61	55	.	.	PUNCT
amfbr-79	62	1	while	while	SCONJ
amfbr-79	62	2	the	the	DET
amfbr-79	62	3	industry	industry	NOUN
amfbr-79	62	4	is	be	AUX
amfbr-79	62	5	stagnant	stagnant	ADJ
amfbr-79	62	6	in	in	ADP
amfbr-79	62	7	terms	term	NOUN
amfbr-79	62	8	of	of	ADP
amfbr-79	62	9	life	life	NOUN
amfbr-79	62	10	cycle	cycle	NOUN
amfbr-79	62	11	,	,	PUNCT
amfbr-79	62	12	price	price	NOUN
amfbr-79	62	13	competition	competition	NOUN
amfbr-79	62	14	will	will	AUX
amfbr-79	62	15	erode	erode	VERB
amfbr-79	62	16	industry	industry	NOUN
amfbr-79	62	17	profit	profit	NOUN
amfbr-79	62	18	.	.	PUNCT
amfbr-79	63	1	non	non	ADJ
amfbr-79	63	2	-	-	ADJ
amfbr-79	63	3	price	price	ADJ
amfbr-79	63	4	competition	competition	NOUN
amfbr-79	63	5	has	have	VERB
amfbr-79	63	6	both	both	CCONJ
amfbr-79	63	7	negative	negative	ADJ
amfbr-79	63	8	and	and	CCONJ
amfbr-79	63	9	positive	positive	ADJ
amfbr-79	63	10	impacts	impact	NOUN
amfbr-79	63	11	.	.	PUNCT
amfbr-79	64	1	impact	impact	NOUN
amfbr-79	64	2	can	can	AUX
amfbr-79	64	3	be	be	AUX
amfbr-79	64	4	negative	negative	ADJ
amfbr-79	64	5	because	because	SCONJ
amfbr-79	64	6	fixed	fixed	ADJ
amfbr-79	64	7	cost	cost	NOUN
amfbr-79	64	8	is	be	AUX
amfbr-79	64	9	up	up	ADV
amfbr-79	64	10	due	due	ADJ
amfbr-79	64	11	to	to	ADP
amfbr-79	64	12	installing	instal	VERB
amfbr-79	64	13	new	new	ADJ
amfbr-79	64	14	and	and	CCONJ
amfbr-79	64	15	efficient	efficient	ADJ
amfbr-79	64	16	machineries	machinery	NOUN
amfbr-79	64	17	to	to	PART
amfbr-79	64	18	provide	provide	VERB
amfbr-79	64	19	value	value	NOUN
amfbr-79	64	20	added	add	VERB
amfbr-79	64	21	services	service	NOUN
amfbr-79	64	22	.	.	PUNCT
amfbr-79	65	1	impact	impact	NOUN
amfbr-79	65	2	can	can	AUX
amfbr-79	65	3	be	be	AUX
amfbr-79	65	4	positive	positive	ADJ
amfbr-79	65	5	as	as	ADP
amfbr-79	65	6	marginal	marginal	ADJ
amfbr-79	65	7	cost	cost	NOUN
amfbr-79	65	8	and	and	CCONJ
amfbr-79	65	9	unit	unit	NOUN
amfbr-79	65	10	cost	cost	NOUN
amfbr-79	65	11	of	of	ADP
amfbr-79	65	12	value	value	NOUN
amfbr-79	65	13	added	add	VERB
amfbr-79	65	14	services	service	NOUN
amfbr-79	65	15	and	and	CCONJ
amfbr-79	65	16	core	core	NOUN
amfbr-79	65	17	product	product	NOUN
amfbr-79	65	18	are	be	AUX
amfbr-79	65	19	supposed	suppose	VERB
amfbr-79	65	20	to	to	PART
amfbr-79	65	21	be	be	AUX
amfbr-79	65	22	decreasing	decrease	VERB
amfbr-79	65	23	due	due	ADJ
amfbr-79	65	24	to	to	ADP
amfbr-79	65	25	efficient	efficient	ADJ
amfbr-79	65	26	machineries	machinery	NOUN
amfbr-79	65	27	.	.	PUNCT
amfbr-79	66	1	moreover	moreover	ADV
amfbr-79	66	2	,	,	PUNCT
amfbr-79	66	3	differentiating	differentiate	VERB
amfbr-79	66	4	the	the	DET
amfbr-79	66	5	product	product	NOUN
amfbr-79	66	6	gives	give	VERB
amfbr-79	66	7	the	the	DET
amfbr-79	66	8	firm	firm	NOUN
amfbr-79	66	9	the	the	DET
amfbr-79	66	10	opportunity	opportunity	NOUN
amfbr-79	66	11	to	to	PART
amfbr-79	66	12	make	make	VERB
amfbr-79	66	13	the	the	DET
amfbr-79	66	14	products	product	NOUN
amfbr-79	66	15	dissimilar	dissimilar	ADJ
amfbr-79	66	16	to	to	ADP
amfbr-79	66	17	those	those	PRON
amfbr-79	66	18	of	of	ADP
amfbr-79	66	19	others	other	NOUN
amfbr-79	66	20	,	,	PUNCT
amfbr-79	66	21	hence	hence	ADV
amfbr-79	66	22	making	make	VERB
amfbr-79	66	23	it	it	PRON
amfbr-79	66	24	increasingly	increasingly	ADV
amfbr-79	66	25	difficult	difficult	ADJ
amfbr-79	66	26	to	to	PART
amfbr-79	66	27	enter	enter	VERB
amfbr-79	66	28	the	the	DET
amfbr-79	66	29	industry	industry	NOUN
amfbr-79	66	30	.	.	PUNCT
amfbr-79	67	1	our	our	PRON
amfbr-79	67	2	firm	firm	NOUN
amfbr-79	67	3	believes	believe	VERB
amfbr-79	67	4	in	in	ADP
amfbr-79	67	5	product	product	NOUN
amfbr-79	67	6	differentiation	differentiation	NOUN
amfbr-79	67	7	.	.	PUNCT
amfbr-79	68	1	so	so	ADV
amfbr-79	68	2	do	do	VERB
amfbr-79	68	3	others	other	NOUN
amfbr-79	68	4	in	in	ADP
amfbr-79	68	5	the	the	DET
amfbr-79	68	6	industry	industry	NOUN
amfbr-79	68	7	because	because	SCONJ
amfbr-79	68	8	they	they	PRON
amfbr-79	68	9	are	be	AUX
amfbr-79	68	10	not	not	PART
amfbr-79	68	11	indulging	indulge	VERB
amfbr-79	68	12	in	in	ADP
amfbr-79	68	13	price	price	NOUN
amfbr-79	68	14	competition	competition	NOUN
amfbr-79	68	15	.	.	PUNCT
amfbr-79	69	1	lastly	lastly	ADV
amfbr-79	69	2	,	,	PUNCT
amfbr-79	69	3	it	it	PRON
amfbr-79	69	4	can	can	AUX
amfbr-79	69	5	be	be	AUX
amfbr-79	69	6	that	that	PRON
amfbr-79	69	7	said	say	VERB
amfbr-79	69	8	i	i	PRON
amfbr-79	69	9	observe	observe	VERB
amfbr-79	69	10	the	the	DET
amfbr-79	69	11	competition	competition	NOUN
amfbr-79	69	12	is	be	AUX
amfbr-79	69	13	profit	profit	NOUN
amfbr-79	69	14	enhancing	enhancing	NOUN
amfbr-79	69	15	and	and	CCONJ
amfbr-79	69	16	not	not	PART
amfbr-79	69	17	profit	profit	NOUN
amfbr-79	69	18	destroying	destroy	VERB
amfbr-79	69	19	.	.	PUNCT
amfbr-79	70	1	2.3	2.3	NUM
amfbr-79	70	2	accounting	accounting	NOUN
amfbr-79	70	3	analysis	analysis	NOUN
amfbr-79	70	4	2.3.1	2.3.1	NUM
amfbr-79	70	5	identifying	identify	VERB
amfbr-79	70	6	key	key	ADJ
amfbr-79	70	7	accounting	accounting	NOUN
amfbr-79	70	8	policies	policy	NOUN
amfbr-79	70	9	fu	fu	PROPN
amfbr-79	70	10	wang	wang	PROPN
amfbr-79	70	11	is	be	AUX
amfbr-79	70	12	a	a	DET
amfbr-79	70	13	manufacturer	manufacturer	NOUN
amfbr-79	70	14	of	of	ADP
amfbr-79	70	15	processed	process	VERB
amfbr-79	70	16	foods	food	NOUN
amfbr-79	70	17	.	.	PUNCT
amfbr-79	71	1	so	so	ADV
amfbr-79	71	2	,	,	PUNCT
amfbr-79	71	3	inventory	inventory	NOUN
amfbr-79	71	4	valuation	valuation	NOUN
amfbr-79	71	5	is	be	AUX
amfbr-79	71	6	very	very	ADV
amfbr-79	71	7	critical	critical	ADJ
amfbr-79	71	8	for	for	ADP
amfbr-79	71	9	it	it	PRON
amfbr-79	71	10	.	.	PUNCT
amfbr-79	72	1	so	so	ADV
amfbr-79	72	2	is	be	AUX
amfbr-79	72	3	its	its	PRON
amfbr-79	72	4	bad	bad	ADJ
amfbr-79	72	5	debts	debt	NOUN
amfbr-79	72	6	provision	provision	NOUN
amfbr-79	72	7	policy	policy	NOUN
amfbr-79	72	8	.	.	PUNCT
amfbr-79	73	1	the	the	DET
amfbr-79	73	2	key	key	ADJ
amfbr-79	73	3	accounting	accounting	NOUN
amfbr-79	73	4	policies	policy	NOUN
amfbr-79	73	5	can	can	AUX
amfbr-79	73	6	be	be	AUX
amfbr-79	73	7	identified	identify	VERB
amfbr-79	73	8	as	as	ADP
amfbr-79	73	9	below	below	ADV
amfbr-79	73	10	:	:	PUNCT
amfbr-79	73	11	2.3.1.1	2.3.1.1	NUM
amfbr-79	73	12	inventory	inventory	NOUN
amfbr-79	73	13	valuation	valuation	NOUN
amfbr-79	73	14	:	:	PUNCT
amfbr-79	73	15	inventories	inventory	NOUN
amfbr-79	73	16	include	include	VERB
amfbr-79	73	17	raw	raw	ADJ
amfbr-79	73	18	material	material	NOUN
amfbr-79	73	19	,	,	PUNCT
amfbr-79	73	20	finished	finish	VERB
amfbr-79	73	21	goods	good	NOUN
amfbr-79	73	22	and	and	CCONJ
amfbr-79	73	23	packing	pack	VERB
amfbr-79	73	24	materials	material	NOUN
amfbr-79	73	25	.	.	PUNCT
amfbr-79	74	1	they	they	PRON
amfbr-79	74	2	are	be	AUX
amfbr-79	74	3	stated	state	VERB
amfbr-79	74	4	at	at	ADP
amfbr-79	74	5	lower	low	ADJ
amfbr-79	74	6	of	of	ADP
amfbr-79	74	7	the	the	DET
amfbr-79	74	8	lower	low	ADJ
amfbr-79	74	9	of	of	ADP
amfbr-79	74	10	cost	cost	NOUN
amfbr-79	74	11	and	and	CCONJ
amfbr-79	74	12	net	net	ADJ
amfbr-79	74	13	realizable	realizable	ADJ
amfbr-79	74	14	value	value	NOUN
amfbr-79	74	15	on	on	ADP
amfbr-79	74	16	consistent	consistent	ADJ
amfbr-79	74	17	basis	basis	NOUN
amfbr-79	74	18	.	.	PUNCT
amfbr-79	75	1	net	net	ADJ
amfbr-79	75	2	realizable	realizable	ADJ
amfbr-79	75	3	value	value	NOUN
amfbr-79	75	4	is	be	AUX
amfbr-79	75	5	based	base	VERB
amfbr-79	75	6	on	on	ADP
amfbr-79	75	7	estimated	estimate	VERB
amfbr-79	75	8	selling	selling	NOUN
amfbr-79	75	9	price	price	NOUN
amfbr-79	75	10	less	less	ADV
amfbr-79	75	11	any	any	DET
amfbr-79	75	12	further	further	ADJ
amfbr-79	75	13	costs	cost	NOUN
amfbr-79	75	14	expected	expect	VERB
amfbr-79	75	15	to	to	PART
amfbr-79	75	16	be	be	AUX
amfbr-79	75	17	incurred	incur	VERB
amfbr-79	75	18	for	for	ADP
amfbr-79	75	19	completion	completion	NOUN
amfbr-79	75	20	and	and	CCONJ
amfbr-79	75	21	disposal	disposal	NOUN
amfbr-79	75	22	.	.	PUNCT
amfbr-79	76	1	2.3.1.2	2.3.1.2	NUM
amfbr-79	76	2	bad	bad	ADJ
amfbr-79	76	3	debts	debt	NOUN
amfbr-79	76	4	provision	provision	NOUN
amfbr-79	76	5	:	:	PUNCT
amfbr-79	76	6	there	there	PRON
amfbr-79	76	7	is	be	VERB
amfbr-79	76	8	no	no	DET
amfbr-79	76	9	substantial	substantial	ADJ
amfbr-79	76	10	amount	amount	NOUN
amfbr-79	76	11	of	of	ADP
amfbr-79	76	12	bad	bad	ADJ
amfbr-79	76	13	debts	debt	NOUN
amfbr-79	76	14	in	in	ADP
amfbr-79	76	15	the	the	DET
amfbr-79	76	16	firm	firm	NOUN
amfbr-79	76	17	and	and	CCONJ
amfbr-79	76	18	it	it	PRON
amfbr-79	76	19	has	have	VERB
amfbr-79	76	20	no	no	DET
amfbr-79	76	21	bad	bad	ADJ
amfbr-79	76	22	debt	debt	NOUN
amfbr-79	76	23	provision	provision	NOUN
amfbr-79	76	24	whatsoever	whatsoever	ADV
amfbr-79	76	25	.	.	PUNCT
amfbr-79	77	1	2.3.1.3	2.3.1.3	NUM
amfbr-79	77	2	depreciation	depreciation	NOUN
amfbr-79	77	3	allowances	allowance	NOUN
amfbr-79	77	4	:	:	PUNCT
amfbr-79	77	5	depreciation	depreciation	NOUN
amfbr-79	77	6	is	be	AUX
amfbr-79	77	7	mainly	mainly	ADV
amfbr-79	77	8	charged	charge	VERB
amfbr-79	77	9	on	on	ADP
amfbr-79	77	10	a	a	DET
amfbr-79	77	11	straight	straight	NOUN
amfbr-79	77	12	in	in	ADP
amfbr-79	77	13	a	a	DET
amfbr-79	77	14	basis	basis	NOUN
amfbr-79	77	15	with	with	ADP
amfbr-79	77	16	a	a	DET
amfbr-79	77	17	range	range	NOUN
amfbr-79	77	18	of	of	ADP
amfbr-79	77	19	2.5	2.5	NUM
amfbr-79	77	20	%	%	NOUN
amfbr-79	77	21	to	to	PART
amfbr-79	77	22	20	20	NUM
amfbr-79	77	23	%	%	NOUN
amfbr-79	77	24	.	.	PUNCT
amfbr-79	78	1	2.3.1.4	2.3.1.4	NUM
amfbr-79	78	2	tax	tax	NOUN
amfbr-79	78	3	holiday	holiday	NOUN
amfbr-79	78	4	reserve	reserve	PROPN
amfbr-79	78	5	:	:	PUNCT
amfbr-79	78	6	the	the	DET
amfbr-79	78	7	company	company	NOUN
amfbr-79	78	8	is	be	AUX
amfbr-79	78	9	enjoying	enjoy	VERB
amfbr-79	78	10	tax	tax	NOUN
amfbr-79	78	11	holiday	holiday	NOUN
amfbr-79	78	12	from	from	ADP
amfbr-79	78	13	august	august	PROPN
amfbr-79	78	14	1997	1997	NUM
amfbr-79	78	15	to	to	ADP
amfbr-79	78	16	july	july	PROPN
amfbr-79	78	17	2002	2002	NUM
amfbr-79	78	18	and	and	CCONJ
amfbr-79	78	19	is	be	AUX
amfbr-79	78	20	recording	record	VERB
amfbr-79	78	21	tax	tax	NOUN
amfbr-79	78	22	holiday	holiday	NOUN
amfbr-79	78	23	reserve	reserve	NOUN
amfbr-79	78	24	for	for	ADP
amfbr-79	78	25	future	future	NOUN
amfbr-79	78	26	.	.	PUNCT
amfbr-79	79	1	2.3.1.5	2.3.1.5	NUM
amfbr-79	79	2	employee	employee	NOUN
amfbr-79	79	3	benefit	benefit	NOUN
amfbr-79	79	4	obligations	obligation	NOUN
amfbr-79	79	5	:	:	PUNCT
amfbr-79	79	6	the	the	DET
amfbr-79	79	7	company	company	NOUN
amfbr-79	79	8	did	do	AUX
amfbr-79	79	9	not	not	PART
amfbr-79	79	10	introduce	introduce	VERB
amfbr-79	79	11	any	any	DET
amfbr-79	79	12	employees	employee	NOUN
amfbr-79	79	13	’	’	PART
amfbr-79	79	14	benefit	benefit	NOUN
amfbr-79	79	15	plan	plan	NOUN
amfbr-79	79	16	at	at	ADP
amfbr-79	79	17	first	first	ADV
amfbr-79	79	18	but	but	CCONJ
amfbr-79	79	19	at	at	ADP
amfbr-79	79	20	latter	latter	ADJ
amfbr-79	79	21	years	year	NOUN
amfbr-79	79	22	.	.	PUNCT
amfbr-79	80	1	2.3.1.6	2.3.1.6	NUM
amfbr-79	80	2	revenue	revenue	NOUN
amfbr-79	80	3	recognition	recognition	NOUN
amfbr-79	80	4	:	:	PUNCT
amfbr-79	80	5	the	the	DET
amfbr-79	80	6	revenue	revenue	NOUN
amfbr-79	80	7	during	during	ADP
amfbr-79	80	8	the	the	DET
amfbr-79	80	9	year	year	NOUN
amfbr-79	80	10	represents	represent	VERB
amfbr-79	80	11	revenue	revenue	NOUN
amfbr-79	80	12	from	from	ADP
amfbr-79	80	13	the	the	DET
amfbr-79	80	14	sale	sale	NOUN
amfbr-79	80	15	of	of	ADP
amfbr-79	80	16	foods	food	NOUN
amfbr-79	80	17	items	item	NOUN
amfbr-79	80	18	which	which	PRON
amfbr-79	80	19	are	be	AUX
amfbr-79	80	20	recognized	recognize	VERB
amfbr-79	80	21	when	when	SCONJ
amfbr-79	80	22	deliveries	delivery	NOUN
amfbr-79	80	23	are	be	AUX
amfbr-79	80	24	made	make	VERB
amfbr-79	80	25	,	,	PUNCT
amfbr-79	80	26	against	against	ADP
amfbr-79	80	27	the	the	DET
amfbr-79	80	28	dale	dale	NOUN
amfbr-79	80	29	order	order	NOUN
amfbr-79	80	30	received	receive	VERB
amfbr-79	80	31	.	.	PUNCT
amfbr-79	81	1	2.3.2	2.3.2	NUM
amfbr-79	81	2	assessing	assess	VERB
amfbr-79	81	3	accounting	accounting	NOUN
amfbr-79	81	4	flexibility	flexibility	NOUN
amfbr-79	81	5	the	the	DET
amfbr-79	81	6	firm	firm	NOUN
amfbr-79	81	7	belongs	belong	VERB
amfbr-79	81	8	to	to	ADP
amfbr-79	81	9	the	the	DET
amfbr-79	81	10	foods	food	NOUN
amfbr-79	81	11	processing	processing	NOUN
amfbr-79	81	12	industry	industry	NOUN
amfbr-79	81	13	.	.	PUNCT
amfbr-79	82	1	apparently	apparently	ADV
amfbr-79	82	2	no	no	DET
amfbr-79	82	3	severe	severe	ADJ
amfbr-79	82	4	restriction	restriction	NOUN
amfbr-79	82	5	of	of	ADP
amfbr-79	82	6	any	any	DET
amfbr-79	82	7	accounting	accounting	NOUN
amfbr-79	82	8	treatment	treatment	NOUN
amfbr-79	82	9	is	be	AUX
amfbr-79	82	10	imposed	impose	VERB
amfbr-79	82	11	on	on	ADP
amfbr-79	82	12	such	such	ADJ
amfbr-79	82	13	firms	firm	NOUN
amfbr-79	82	14	.	.	PUNCT
amfbr-79	83	1	managers	manager	NOUN
amfbr-79	83	2	of	of	ADP
amfbr-79	83	3	the	the	DET
amfbr-79	83	4	firm	firm	NOUN
amfbr-79	83	5	are	be	AUX
amfbr-79	83	6	given	give	VERB
amfbr-79	83	7	the	the	DET
amfbr-79	83	8	flexibility	flexibility	NOUN
amfbr-79	83	9	and	and	CCONJ
amfbr-79	83	10	power	power	NOUN
amfbr-79	83	11	to	to	PART
amfbr-79	83	12	reflect	reflect	VERB
amfbr-79	83	13	the	the	DET
amfbr-79	83	14	true	true	ADJ
amfbr-79	83	15	condition	condition	NOUN
amfbr-79	83	16	of	of	ADP
amfbr-79	83	17	the	the	DET
amfbr-79	83	18	firm	firm	NOUN
amfbr-79	83	19	.	.	PUNCT
amfbr-79	84	1	the	the	DET
amfbr-79	84	2	firm	firm	NOUN
amfbr-79	84	3	can	can	AUX
amfbr-79	84	4	,	,	PUNCT
amfbr-79	84	5	at	at	ADP
amfbr-79	84	6	its	its	PRON
amfbr-79	84	7	discretion	discretion	NOUN
amfbr-79	84	8	,	,	PUNCT
amfbr-79	84	9	charge	charge	VERB
amfbr-79	84	10	bad	bad	ADJ
amfbr-79	84	11	debt	debt	NOUN
amfbr-79	84	12	provisions	provision	NOUN
amfbr-79	84	13	at	at	ADP
amfbr-79	84	14	the	the	DET
amfbr-79	84	15	true	true	ADJ
amfbr-79	84	16	level	level	NOUN
amfbr-79	84	17	as	as	ADV
amfbr-79	84	18	well	well	ADV
amfbr-79	84	19	as	as	ADP
amfbr-79	84	20	use	use	VERB
amfbr-79	84	21	any	any	DET
amfbr-79	84	22	type	type	NOUN
amfbr-79	84	23	of	of	ADP
amfbr-79	84	24	depreciation	depreciation	NOUN
amfbr-79	84	25	method	method	NOUN
amfbr-79	84	26	it	it	PRON
amfbr-79	84	27	likes	like	VERB
amfbr-79	84	28	at	at	ADP
amfbr-79	84	29	a	a	DET
amfbr-79	84	30	consistent	consistent	ADJ
amfbr-79	84	31	basis	basis	NOUN
amfbr-79	84	32	.	.	PUNCT
amfbr-79	85	1	though	though	SCONJ
amfbr-79	85	2	the	the	DET
amfbr-79	85	3	firm	firm	NOUN
amfbr-79	85	4	has	have	AUX
amfbr-79	85	5	been	be	AUX
amfbr-79	85	6	enjoying	enjoy	VERB
amfbr-79	85	7	tax	tax	NOUN
amfbr-79	85	8	holiday	holiday	NOUN
amfbr-79	85	9	,	,	PUNCT
amfbr-79	85	10	it	it	PRON
amfbr-79	85	11	was	be	AUX
amfbr-79	85	12	deducting	deduct	VERB
amfbr-79	85	13	tax	tax	NOUN
amfbr-79	85	14	holiday	holiday	NOUN
amfbr-79	85	15	reserve	reserve	NOUN
amfbr-79	85	16	for	for	ADP
amfbr-79	85	17	future	future	ADJ
amfbr-79	85	18	purpose	purpose	NOUN
amfbr-79	85	19	.	.	PUNCT
amfbr-79	86	1	all	all	DET
amfbr-79	86	2	these	these	PRON
amfbr-79	86	3	reflect	reflect	VERB
amfbr-79	86	4	considerable	considerable	ADJ
amfbr-79	86	5	accounting	accounting	NOUN
amfbr-79	86	6	flexibility	flexibility	NOUN
amfbr-79	86	7	.	.	PUNCT
amfbr-79	87	1	an	an	DET
amfbr-79	87	2	empirical	empirical	ADJ
amfbr-79	87	3	research	research	NOUN
amfbr-79	87	4	on	on	ADP
amfbr-79	87	5	fu	fu	PROPN
amfbr-79	87	6	-	-	PUNCT
amfbr-79	87	7	wang	wang	PROPN
amfbr-79	87	8	foods	foods	PROPN
amfbr-79	87	9	ltd	ltd	PROPN
amfbr-79	87	10	:	:	PUNCT
amfbr-79	87	11	industry	industry	NOUN
amfbr-79	87	12	,	,	PUNCT
amfbr-79	87	13	strategy	strategy	NOUN
amfbr-79	87	14	,	,	PUNCT
amfbr-79	87	15	accounting	accounting	NOUN
amfbr-79	87	16	,	,	PUNCT
amfbr-79	87	17	ratio	ratio	NOUN
amfbr-79	87	18	,	,	PUNCT
amfbr-79	87	19	valuation	valuation	NOUN
amfbr-79	87	20	and	and	CCONJ
amfbr-79	87	21	proforma	proforma	NOUN
amfbr-79	87	22	analysis	analysis	NOUN
amfbr-79	87	23	k.	k.	PROPN
amfbr-79	87	24	m.	m.	PROPN
amfbr-79	87	25	anwarul	anwarul	PROPN
amfbr-79	88	1	islam	islam	PROPN
amfbr-79	88	2	5	5	NUM
amfbr-79	88	3	2.3.3	2.3.3	NUM
amfbr-79	88	4	evaluating	evaluate	VERB
amfbr-79	88	5	accounting	accounting	NOUN
amfbr-79	88	6	strategy	strategy	NOUN
amfbr-79	88	7	the	the	DET
amfbr-79	88	8	accounting	accounting	NOUN
amfbr-79	88	9	strategy	strategy	NOUN
amfbr-79	88	10	followed	follow	VERB
amfbr-79	88	11	by	by	ADP
amfbr-79	88	12	it	it	PRON
amfbr-79	88	13	can	can	AUX
amfbr-79	88	14	be	be	AUX
amfbr-79	88	15	comparable	comparable	ADJ
amfbr-79	88	16	with	with	ADP
amfbr-79	88	17	the	the	DET
amfbr-79	88	18	norm	norm	NOUN
amfbr-79	88	19	of	of	ADP
amfbr-79	88	20	the	the	DET
amfbr-79	88	21	foods	food	NOUN
amfbr-79	88	22	processing	processing	NOUN
amfbr-79	88	23	industry	industry	NOUN
amfbr-79	88	24	(	(	PUNCT
amfbr-79	88	25	apex	apex	PROPN
amfbr-79	88	26	foods	foods	PROPN
amfbr-79	88	27	ltd	ltd	PROPN
amfbr-79	88	28	,	,	PUNCT
amfbr-79	88	29	bangas	bangas	PROPN
amfbr-79	88	30	ltd	ltd	PROPN
amfbr-79	88	31	,	,	PUNCT
amfbr-79	88	32	pran	pran	PROPN
amfbr-79	88	33	ltd	ltd	PROPN
amfbr-79	88	34	etc	etc	X
amfbr-79	88	35	.	.	PUNCT
amfbr-79	88	36	)	)	PUNCT
amfbr-79	88	37	.	.	PUNCT
amfbr-79	89	1	the	the	DET
amfbr-79	89	2	possibility	possibility	NOUN
amfbr-79	89	3	of	of	ADP
amfbr-79	89	4	having	have	VERB
amfbr-79	89	5	strong	strong	ADJ
amfbr-79	89	6	incentives	incentive	NOUN
amfbr-79	89	7	to	to	PART
amfbr-79	89	8	manipulate	manipulate	VERB
amfbr-79	89	9	the	the	DET
amfbr-79	89	10	profit	profit	NOUN
amfbr-79	89	11	figure	figure	NOUN
amfbr-79	89	12	or	or	CCONJ
amfbr-79	89	13	to	to	PART
amfbr-79	89	14	do	do	VERB
amfbr-79	89	15	window	window	NOUN
amfbr-79	89	16	dressing	dressing	NOUN
amfbr-79	89	17	ca	can	AUX
amfbr-79	89	18	n’t	not	PART
amfbr-79	89	19	be	be	AUX
amfbr-79	89	20	rejected	reject	VERB
amfbr-79	89	21	just	just	ADV
amfbr-79	89	22	because	because	SCONJ
amfbr-79	89	23	the	the	DET
amfbr-79	89	24	management	management	NOUN
amfbr-79	89	25	owns	own	VERB
amfbr-79	89	26	about	about	ADP
amfbr-79	89	27	40	40	NUM
amfbr-79	89	28	%	%	NOUN
amfbr-79	89	29	of	of	ADP
amfbr-79	89	30	the	the	DET
amfbr-79	89	31	stocks	stock	NOUN
amfbr-79	89	32	and	and	CCONJ
amfbr-79	89	33	the	the	DET
amfbr-79	89	34	quality	quality	NOUN
amfbr-79	89	35	of	of	ADP
amfbr-79	89	36	the	the	DET
amfbr-79	89	37	information	information	NOUN
amfbr-79	89	38	disclosure	disclosure	NOUN
amfbr-79	89	39	is	be	AUX
amfbr-79	89	40	not	not	PART
amfbr-79	89	41	up	up	ADP
amfbr-79	89	42	to	to	ADP
amfbr-79	89	43	the	the	DET
amfbr-79	89	44	mark	mark	NOUN
amfbr-79	89	45	.	.	PUNCT
amfbr-79	90	1	the	the	DET
amfbr-79	90	2	firm	firm	NOUN
amfbr-79	90	3	did	do	AUX
amfbr-79	90	4	not	not	PART
amfbr-79	90	5	change	change	VERB
amfbr-79	90	6	any	any	PRON
amfbr-79	90	7	of	of	ADP
amfbr-79	90	8	its	its	PRON
amfbr-79	90	9	accounting	accounting	NOUN
amfbr-79	90	10	policies	policy	NOUN
amfbr-79	90	11	these	these	DET
amfbr-79	90	12	years	year	NOUN
amfbr-79	90	13	.	.	PUNCT
amfbr-79	91	1	for	for	ADP
amfbr-79	91	2	example	example	NOUN
amfbr-79	91	3	,	,	PUNCT
amfbr-79	91	4	depreciation	depreciation	NOUN
amfbr-79	91	5	method	method	NOUN
amfbr-79	91	6	is	be	AUX
amfbr-79	91	7	straight	straight	ADJ
amfbr-79	91	8	line	line	NOUN
amfbr-79	91	9	over	over	ADP
amfbr-79	91	10	the	the	DET
amfbr-79	91	11	time	time	NOUN
amfbr-79	91	12	.	.	PUNCT
amfbr-79	92	1	the	the	DET
amfbr-79	92	2	only	only	ADJ
amfbr-79	92	3	substantial	substantial	ADJ
amfbr-79	92	4	change	change	NOUN
amfbr-79	92	5	is	be	AUX
amfbr-79	92	6	that	that	SCONJ
amfbr-79	92	7	the	the	DET
amfbr-79	92	8	firm	firm	NOUN
amfbr-79	92	9	has	have	AUX
amfbr-79	92	10	been	be	AUX
amfbr-79	92	11	enjoying	enjoy	VERB
amfbr-79	92	12	tax	tax	NOUN
amfbr-79	92	13	holiday	holiday	NOUN
amfbr-79	92	14	from	from	ADP
amfbr-79	92	15	august	august	PROPN
amfbr-79	92	16	1997	1997	NUM
amfbr-79	92	17	to	to	ADP
amfbr-79	92	18	july	july	PROPN
amfbr-79	92	19	2002	2002	NUM
amfbr-79	92	20	and	and	CCONJ
amfbr-79	92	21	is	be	AUX
amfbr-79	92	22	recording	record	VERB
amfbr-79	92	23	tax	tax	NOUN
amfbr-79	92	24	holiday	holiday	NOUN
amfbr-79	92	25	reserve	reserve	NOUN
amfbr-79	92	26	for	for	ADP
amfbr-79	92	27	future	future	NOUN
amfbr-79	92	28	.	.	PUNCT
amfbr-79	93	1	now	now	ADV
amfbr-79	93	2	the	the	DET
amfbr-79	93	3	firm	firm	NOUN
amfbr-79	93	4	is	be	AUX
amfbr-79	93	5	charging	charge	VERB
amfbr-79	93	6	provision	provision	NOUN
amfbr-79	93	7	for	for	ADP
amfbr-79	93	8	income	income	NOUN
amfbr-79	93	9	tax	tax	NOUN
amfbr-79	93	10	instead	instead	ADV
amfbr-79	93	11	.	.	PUNCT
amfbr-79	94	1	the	the	DET
amfbr-79	94	2	firm	firm	NOUN
amfbr-79	94	3	does	do	AUX
amfbr-79	94	4	not	not	PART
amfbr-79	94	5	structure	structure	VERB
amfbr-79	94	6	any	any	DET
amfbr-79	94	7	significant	significant	ADJ
amfbr-79	94	8	business	business	NOUN
amfbr-79	94	9	transactions	transaction	NOUN
amfbr-79	94	10	so	so	ADV
amfbr-79	94	11	far	far	ADV
amfbr-79	94	12	.	.	PUNCT
amfbr-79	95	1	it	it	PRON
amfbr-79	95	2	did	do	AUX
amfbr-79	95	3	not	not	PART
amfbr-79	95	4	alter	alter	VERB
amfbr-79	95	5	the	the	DET
amfbr-79	95	6	lease	lease	NOUN
amfbr-79	95	7	rental	rental	NOUN
amfbr-79	95	8	method	method	NOUN
amfbr-79	95	9	or	or	CCONJ
amfbr-79	95	10	did	do	AUX
amfbr-79	95	11	not	not	PART
amfbr-79	95	12	have	have	VERB
amfbr-79	95	13	any	any	DET
amfbr-79	95	14	acquisition	acquisition	NOUN
amfbr-79	95	15	of	of	ADP
amfbr-79	95	16	other	other	ADJ
amfbr-79	95	17	companies	company	NOUN
amfbr-79	95	18	.	.	PUNCT
amfbr-79	96	1	2.3.4	2.3.4	NUM
amfbr-79	96	2	evaluating	evaluate	VERB
amfbr-79	96	3	the	the	DET
amfbr-79	96	4	quality	quality	NOUN
amfbr-79	96	5	of	of	ADP
amfbr-79	96	6	disclosure	disclosure	NOUN
amfbr-79	96	7	the	the	DET
amfbr-79	96	8	disclosure	disclosure	NOUN
amfbr-79	96	9	of	of	ADP
amfbr-79	96	10	information	information	NOUN
amfbr-79	96	11	is	be	AUX
amfbr-79	96	12	not	not	PART
amfbr-79	96	13	that	that	ADV
amfbr-79	96	14	much	much	ADJ
amfbr-79	96	15	satisfactory	satisfactory	ADJ
amfbr-79	96	16	in	in	ADP
amfbr-79	96	17	some	some	DET
amfbr-79	96	18	cases	case	NOUN
amfbr-79	96	19	.	.	PUNCT
amfbr-79	97	1	it	it	PRON
amfbr-79	97	2	did	do	AUX
amfbr-79	97	3	not	not	PART
amfbr-79	97	4	specify	specify	VERB
amfbr-79	97	5	whether	whether	SCONJ
amfbr-79	97	6	it	it	PRON
amfbr-79	97	7	uses	use	VERB
amfbr-79	97	8	lifo	lifo	NOUN
amfbr-79	97	9	,	,	PUNCT
amfbr-79	97	10	fifo	fifo	ADJ
amfbr-79	97	11	or	or	CCONJ
amfbr-79	97	12	weighted	weight	VERB
amfbr-79	97	13	average	average	ADJ
amfbr-79	97	14	method	method	NOUN
amfbr-79	97	15	for	for	ADP
amfbr-79	97	16	inventory	inventory	NOUN
amfbr-79	97	17	valuation	valuation	NOUN
amfbr-79	97	18	.	.	PUNCT
amfbr-79	98	1	there	there	PRON
amfbr-79	98	2	is	be	VERB
amfbr-79	98	3	also	also	ADV
amfbr-79	98	4	no	no	DET
amfbr-79	98	5	trace	trace	NOUN
amfbr-79	98	6	about	about	ADP
amfbr-79	98	7	bad	bad	ADJ
amfbr-79	98	8	debt	debt	NOUN
amfbr-79	98	9	allowance	allowance	NOUN
amfbr-79	98	10	for	for	ADP
amfbr-79	98	11	such	such	DET
amfbr-79	98	12	a	a	DET
amfbr-79	98	13	manufacturing	manufacturing	NOUN
amfbr-79	98	14	firm	firm	NOUN
amfbr-79	98	15	.	.	PUNCT
amfbr-79	99	1	there	there	PRON
amfbr-79	99	2	is	be	VERB
amfbr-79	99	3	no	no	DET
amfbr-79	99	4	long	long	ADJ
amfbr-79	99	5	term	term	NOUN
amfbr-79	99	6	debt	debt	NOUN
amfbr-79	99	7	either	either	CCONJ
amfbr-79	99	8	but	but	CCONJ
amfbr-79	99	9	short	short	ADJ
amfbr-79	99	10	-	-	PUNCT
amfbr-79	99	11	term	term	NOUN
amfbr-79	99	12	debt	debt	NOUN
amfbr-79	99	13	with	with	ADP
amfbr-79	99	14	interest	interest	NOUN
amfbr-79	99	15	is	be	AUX
amfbr-79	99	16	termed	term	VERB
amfbr-79	99	17	as	as	ADP
amfbr-79	99	18	notes	note	NOUN
amfbr-79	99	19	payable	payable	ADJ
amfbr-79	99	20	.	.	PUNCT
amfbr-79	100	1	on	on	ADP
amfbr-79	100	2	the	the	DET
amfbr-79	100	3	other	other	ADJ
amfbr-79	100	4	hand	hand	NOUN
amfbr-79	100	5	,	,	PUNCT
amfbr-79	100	6	in	in	ADP
amfbr-79	100	7	many	many	ADJ
amfbr-79	100	8	places	place	NOUN
amfbr-79	100	9	it	it	PRON
amfbr-79	100	10	reveals	reveal	VERB
amfbr-79	100	11	justifiable	justifiable	ADJ
amfbr-79	100	12	information	information	NOUN
amfbr-79	100	13	.	.	PUNCT
amfbr-79	101	1	it	it	PRON
amfbr-79	101	2	tried	try	VERB
amfbr-79	101	3	to	to	PART
amfbr-79	101	4	let	let	VERB
amfbr-79	101	5	the	the	DET
amfbr-79	101	6	stakeholders	stakeholder	NOUN
amfbr-79	101	7	know	know	VERB
amfbr-79	101	8	their	their	PRON
amfbr-79	101	9	significant	significant	ADJ
amfbr-79	101	10	accounting	accounting	NOUN
amfbr-79	101	11	policies	policy	NOUN
amfbr-79	101	12	.	.	PUNCT
amfbr-79	102	1	it	it	PRON
amfbr-79	102	2	showed	show	VERB
amfbr-79	102	3	all	all	DET
amfbr-79	102	4	the	the	DET
amfbr-79	102	5	individual	individual	ADJ
amfbr-79	102	6	debtors	debtor	NOUN
amfbr-79	102	7	with	with	ADP
amfbr-79	102	8	the	the	DET
amfbr-79	102	9	amount	amount	NOUN
amfbr-79	102	10	owed	owe	VERB
amfbr-79	102	11	by	by	ADP
amfbr-79	102	12	them.the	them.the	DET
amfbr-79	102	13	depreciation	depreciation	NOUN
amfbr-79	102	14	schedule	schedule	NOUN
amfbr-79	102	15	of	of	ADP
amfbr-79	102	16	various	various	ADJ
amfbr-79	102	17	fixed	fix	VERB
amfbr-79	102	18	assets	asset	NOUN
amfbr-79	102	19	along	along	ADP
amfbr-79	102	20	with	with	ADP
amfbr-79	102	21	rate	rate	NOUN
amfbr-79	102	22	are	be	AUX
amfbr-79	102	23	given	give	VERB
amfbr-79	102	24	.	.	PUNCT
amfbr-79	103	1	the	the	DET
amfbr-79	103	2	extent	extent	NOUN
amfbr-79	103	3	,	,	PUNCT
amfbr-79	103	4	to	to	PART
amfbr-79	103	5	which	which	PRON
amfbr-79	103	6	preliminary	preliminary	ADJ
amfbr-79	103	7	expenses	expense	NOUN
amfbr-79	103	8	and	and	CCONJ
amfbr-79	103	9	share	share	NOUN
amfbr-79	103	10	issue	issue	NOUN
amfbr-79	103	11	expenses	expense	NOUN
amfbr-79	103	12	have	have	AUX
amfbr-79	103	13	been	be	AUX
amfbr-79	103	14	capitalized	capitalize	VERB
amfbr-79	103	15	and	and	CCONJ
amfbr-79	103	16	are	be	AUX
amfbr-79	103	17	written	write	VERB
amfbr-79	103	18	off	off	ADP
amfbr-79	103	19	,	,	PUNCT
amfbr-79	103	20	provides	provide	VERB
amfbr-79	103	21	much	much	ADJ
amfbr-79	103	22	clarity	clarity	NOUN
amfbr-79	103	23	.	.	PUNCT
amfbr-79	104	1	the	the	DET
amfbr-79	104	2	mode	mode	NOUN
amfbr-79	104	3	and	and	CCONJ
amfbr-79	104	4	extent	extent	NOUN
amfbr-79	104	5	of	of	ADP
amfbr-79	104	6	contingent	contingent	ADJ
amfbr-79	104	7	liabilities	liability	NOUN
amfbr-79	104	8	have	have	AUX
amfbr-79	104	9	been	be	AUX
amfbr-79	104	10	elaborated	elaborate	VERB
amfbr-79	104	11	and	and	CCONJ
amfbr-79	104	12	the	the	DET
amfbr-79	104	13	accounting	accounting	NOUN
amfbr-79	104	14	ratios	ratio	NOUN
amfbr-79	104	15	have	have	AUX
amfbr-79	104	16	been	be	AUX
amfbr-79	104	17	given	give	VERB
amfbr-79	104	18	.	.	PUNCT
amfbr-79	105	1	unlike	unlike	ADP
amfbr-79	105	2	many	many	ADJ
amfbr-79	105	3	other	other	ADJ
amfbr-79	105	4	firms	firm	NOUN
amfbr-79	105	5	,	,	PUNCT
amfbr-79	105	6	it	it	PRON
amfbr-79	105	7	provides	provide	VERB
amfbr-79	105	8	us	we	PRON
amfbr-79	105	9	with	with	ADP
amfbr-79	105	10	the	the	DET
amfbr-79	105	11	composition	composition	NOUN
amfbr-79	105	12	of	of	ADP
amfbr-79	105	13	the	the	DET
amfbr-79	105	14	shareholders	shareholder	NOUN
amfbr-79	105	15	.	.	PUNCT
amfbr-79	106	1	2.3.5	2.3.5	NUM
amfbr-79	106	2	identifying	identify	VERB
amfbr-79	106	3	potential	potential	ADJ
amfbr-79	106	4	red	red	ADJ
amfbr-79	106	5	flags	flag	NOUN
amfbr-79	106	6	2.3.5.1	2.3.5.1	NUM
amfbr-79	106	7	about	about	ADP
amfbr-79	106	8	audit	audit	NOUN
amfbr-79	106	9	reports	report	NOUN
amfbr-79	106	10	or	or	CCONJ
amfbr-79	106	11	auditors	auditor	NOUN
amfbr-79	106	12	:	:	PUNCT
amfbr-79	106	13	the	the	DET
amfbr-79	106	14	audit	audit	NOUN
amfbr-79	106	15	reports	report	VERB
amfbr-79	106	16	of	of	ADP
amfbr-79	106	17	the	the	DET
amfbr-79	106	18	firm	firm	NOUN
amfbr-79	106	19	are	be	AUX
amfbr-79	106	20	consistent	consistent	ADJ
amfbr-79	106	21	and	and	CCONJ
amfbr-79	106	22	are	be	AUX
amfbr-79	106	23	unqualified	unqualified	ADJ
amfbr-79	106	24	.	.	PUNCT
amfbr-79	107	1	but	but	CCONJ
amfbr-79	107	2	the	the	DET
amfbr-79	107	3	matter	matter	NOUN
amfbr-79	107	4	of	of	ADP
amfbr-79	107	5	regret	regret	NOUN
amfbr-79	107	6	is	be	AUX
amfbr-79	107	7	that	that	SCONJ
amfbr-79	107	8	the	the	DET
amfbr-79	107	9	auditor	auditor	NOUN
amfbr-79	107	10	of	of	ADP
amfbr-79	107	11	2015	2015	NUM
amfbr-79	107	12	-	-	SYM
amfbr-79	107	13	16	16	NUM
amfbr-79	107	14	and	and	CCONJ
amfbr-79	107	15	the	the	DET
amfbr-79	107	16	auditor	auditor	NOUN
amfbr-79	107	17	for	for	ADP
amfbr-79	107	18	the	the	DET
amfbr-79	107	19	rest	rest	NOUN
amfbr-79	107	20	of	of	ADP
amfbr-79	107	21	the	the	DET
amfbr-79	107	22	years	year	NOUN
amfbr-79	107	23	are	be	AUX
amfbr-79	107	24	not	not	PART
amfbr-79	107	25	the	the	DET
amfbr-79	107	26	same	same	ADJ
amfbr-79	107	27	.	.	PUNCT
amfbr-79	108	1	the	the	DET
amfbr-79	108	2	change	change	NOUN
amfbr-79	108	3	of	of	ADP
amfbr-79	108	4	the	the	DET
amfbr-79	108	5	auditor	auditor	NOUN
amfbr-79	108	6	is	be	AUX
amfbr-79	108	7	not	not	PART
amfbr-79	108	8	backed	back	VERB
amfbr-79	108	9	by	by	ADP
amfbr-79	108	10	information	information	NOUN
amfbr-79	108	11	.	.	PUNCT
amfbr-79	109	1	2.3.5.2	2.3.5.2	NUM
amfbr-79	109	2	related	relate	VERB
amfbr-79	109	3	party	party	NOUN
amfbr-79	109	4	transactions	transaction	NOUN
amfbr-79	109	5	:	:	PUNCT
amfbr-79	109	6	fu	fu	PROPN
amfbr-79	109	7	wang	wang	PROPN
amfbr-79	109	8	ceramic	ceramic	PROPN
amfbr-79	109	9	ltd	ltd	PROPN
amfbr-79	109	10	is	be	AUX
amfbr-79	109	11	an	an	DET
amfbr-79	109	12	associate	associate	ADJ
amfbr-79	109	13	undertaking	undertaking	NOUN
amfbr-79	109	14	of	of	ADP
amfbr-79	109	15	fu	fu	PROPN
amfbr-79	109	16	wang	wang	PROPN
amfbr-79	109	17	foods	foods	PROPN
amfbr-79	109	18	ltd	ltd	PROPN
amfbr-79	109	19	.	.	PROPN
amfbr-79	109	20	during	during	ADP
amfbr-79	109	21	the	the	DET
amfbr-79	109	22	year	year	NOUN
amfbr-79	109	23	of	of	ADP
amfbr-79	109	24	2015	2015	NUM
amfbr-79	109	25	-	-	SYM
amfbr-79	109	26	16	16	NUM
amfbr-79	109	27	it	it	PRON
amfbr-79	109	28	paid	pay	VERB
amfbr-79	109	29	441000	441000	NUM
amfbr-79	109	30	tk	tk	PROPN
amfbr-79	109	31	as	as	ADP
amfbr-79	109	32	factory	factory	NOUN
amfbr-79	109	33	rent	rent	NOUN
amfbr-79	109	34	to	to	ADP
amfbr-79	109	35	fu	fu	PROPN
amfbr-79	109	36	wang	wang	PROPN
amfbr-79	109	37	ceramic	ceramic	PROPN
amfbr-79	109	38	ltd	ltd	PROPN
amfbr-79	109	39	for	for	ADP
amfbr-79	109	40	use	use	NOUN
amfbr-79	109	41	of	of	ADP
amfbr-79	109	42	its	its	PRON
amfbr-79	109	43	land	land	NOUN
amfbr-79	109	44	.	.	PUNCT
amfbr-79	110	1	afterwards	afterwards	ADV
amfbr-79	110	2	nothing	nothing	PRON
amfbr-79	110	3	significant	significant	ADJ
amfbr-79	110	4	is	be	AUX
amfbr-79	110	5	mentioned	mention	VERB
amfbr-79	110	6	.	.	PUNCT
amfbr-79	111	1	2.3.5.3	2.3.5.3	NUM
amfbr-79	111	2	unusual	unusual	ADJ
amfbr-79	111	3	increases	increase	NOUN
amfbr-79	111	4	in	in	ADP
amfbr-79	111	5	ar	ar	NOUN
amfbr-79	111	6	in	in	ADP
amfbr-79	111	7	relation	relation	NOUN
amfbr-79	111	8	to	to	ADP
amfbr-79	111	9	sales	sale	NOUN
amfbr-79	111	10	increase	increase	NOUN
amfbr-79	111	11	:	:	PUNCT
amfbr-79	111	12	the	the	DET
amfbr-79	111	13	diagram	diagram	NOUN
amfbr-79	111	14	shows	show	VERB
amfbr-79	111	15	that	that	SCONJ
amfbr-79	111	16	ar	ar	NOUN
amfbr-79	111	17	increased	increase	VERB
amfbr-79	111	18	disproportionately	disproportionately	ADV
amfbr-79	111	19	in	in	ADP
amfbr-79	111	20	the	the	DET
amfbr-79	111	21	second	second	ADJ
amfbr-79	111	22	accounting	accounting	NOUN
amfbr-79	111	23	year	year	NOUN
amfbr-79	111	24	,	,	PUNCT
amfbr-79	111	25	which	which	PRON
amfbr-79	111	26	may	may	AUX
amfbr-79	111	27	be	be	AUX
amfbr-79	111	28	a	a	DET
amfbr-79	111	29	result	result	NOUN
amfbr-79	111	30	less	less	ADV
amfbr-79	111	31	strict	strict	ADJ
amfbr-79	111	32	credit	credit	NOUN
amfbr-79	111	33	policy	policy	NOUN
amfbr-79	111	34	and	and	CCONJ
amfbr-79	111	35	negligence	negligence	NOUN
amfbr-79	111	36	in	in	ADP
amfbr-79	111	37	ar	ar	NOUN
amfbr-79	111	38	collection	collection	NOUN
amfbr-79	111	39	.	.	PUNCT
amfbr-79	112	1	2.3.5.4	2.3.5.4	NUM
amfbr-79	112	2	unusual	unusual	ADJ
amfbr-79	112	3	increases	increase	NOUN
amfbr-79	112	4	in	in	ADP
amfbr-79	112	5	inventory	inventory	NOUN
amfbr-79	112	6	in	in	ADP
amfbr-79	112	7	relation	relation	NOUN
amfbr-79	112	8	to	to	ADP
amfbr-79	112	9	sales	sale	NOUN
amfbr-79	112	10	increase	increase	NOUN
amfbr-79	112	11	:	:	PUNCT
amfbr-79	112	12	from	from	ADP
amfbr-79	112	13	the	the	DET
amfbr-79	112	14	diagram	diagram	NOUN
amfbr-79	112	15	below	below	ADP
amfbr-79	112	16	we	we	PRON
amfbr-79	112	17	can	can	AUX
amfbr-79	112	18	say	say	VERB
amfbr-79	112	19	that	that	SCONJ
amfbr-79	112	20	inventory	inventory	NOUN
amfbr-79	112	21	increased	increase	VERB
amfbr-79	112	22	disproportionately	disproportionately	ADV
amfbr-79	112	23	in	in	ADP
amfbr-79	112	24	the	the	DET
amfbr-79	112	25	second	second	ADJ
amfbr-79	112	26	accounting	accounting	NOUN
amfbr-79	112	27	year	year	NOUN
amfbr-79	112	28	,	,	PUNCT
amfbr-79	112	29	which	which	PRON
amfbr-79	112	30	may	may	AUX
amfbr-79	112	31	be	be	AUX
amfbr-79	112	32	a	a	DET
amfbr-79	112	33	result	result	NOUN
amfbr-79	112	34	of	of	ADP
amfbr-79	112	35	fewer	few	ADJ
amfbr-79	112	36	sales	sale	NOUN
amfbr-79	112	37	.	.	PUNCT
amfbr-79	113	1	0.10	0.10	NUM
amfbr-79	113	2	0.17	0.17	NUM
amfbr-79	113	3	0.10	0.10	NUM
amfbr-79	113	4	0.14	0.14	NUM
amfbr-79	113	5	0.13	0.13	NUM
amfbr-79	113	6	0.24	0.24	NUM
amfbr-79	113	7	0.43	0.43	NUM
amfbr-79	113	8	0.22	0.22	NUM
amfbr-79	113	9	0.21	0.21	NUM
amfbr-79	113	10	0.24	0.24	NUM
amfbr-79	113	11	an	an	DET
amfbr-79	113	12	empirical	empirical	ADJ
amfbr-79	113	13	research	research	NOUN
amfbr-79	113	14	on	on	ADP
amfbr-79	113	15	fu	fu	PROPN
amfbr-79	113	16	-	-	PUNCT
amfbr-79	113	17	wang	wang	PROPN
amfbr-79	113	18	foods	foods	PROPN
amfbr-79	113	19	ltd	ltd	PROPN
amfbr-79	113	20	:	:	PUNCT
amfbr-79	113	21	industry	industry	NOUN
amfbr-79	113	22	,	,	PUNCT
amfbr-79	113	23	strategy	strategy	NOUN
amfbr-79	113	24	,	,	PUNCT
amfbr-79	113	25	accounting	accounting	NOUN
amfbr-79	113	26	,	,	PUNCT
amfbr-79	113	27	ratio	ratio	NOUN
amfbr-79	113	28	,	,	PUNCT
amfbr-79	113	29	valuation	valuation	NOUN
amfbr-79	113	30	and	and	CCONJ
amfbr-79	113	31	proforma	proforma	NOUN
amfbr-79	113	32	analysis	analysis	NOUN
amfbr-79	113	33	k.	k.	PROPN
amfbr-79	113	34	m.	m.	PROPN
amfbr-79	113	35	anwarul	anwarul	PROPN
amfbr-79	114	1	islam	islam	PROPN
amfbr-79	114	2	6	6	NUM
amfbr-79	114	3	2.3.5.5	2.3.5.5	NUM
amfbr-79	114	4	an	an	DET
amfbr-79	114	5	increasing	increase	VERB
amfbr-79	114	6	gap	gap	NOUN
amfbr-79	114	7	between	between	ADP
amfbr-79	114	8	reported	report	VERB
amfbr-79	114	9	income	income	NOUN
amfbr-79	114	10	and	and	CCONJ
amfbr-79	114	11	ocf	ocf	PROPN
amfbr-79	114	12	:	:	PUNCT
amfbr-79	114	13	the	the	DET
amfbr-79	114	14	reported	report	VERB
amfbr-79	114	15	income	income	NOUN
amfbr-79	114	16	as	as	ADP
amfbr-79	114	17	a	a	DET
amfbr-79	114	18	percent	percent	NOUN
amfbr-79	114	19	of	of	ADP
amfbr-79	114	20	ocf	ocf	NOUN
amfbr-79	114	21	is	be	AUX
amfbr-79	114	22	showing	show	VERB
amfbr-79	114	23	a	a	DET
amfbr-79	114	24	constant	constant	ADJ
amfbr-79	114	25	proportion	proportion	NOUN
amfbr-79	114	26	over	over	ADP
amfbr-79	114	27	time	time	NOUN
amfbr-79	114	28	.	.	PUNCT
amfbr-79	115	1	0.79	0.79	NUM
amfbr-79	115	2	0.79	0.79	NUM
amfbr-79	115	3	0.87	0.87	NUM
amfbr-79	115	4	0.84	0.84	NUM
amfbr-79	115	5	0.80	0.80	NUM
amfbr-79	115	6	2.3.5.6	2.3.5.6	NUM
amfbr-79	115	7	an	an	DET
amfbr-79	115	8	increasing	increase	VERB
amfbr-79	115	9	gap	gap	NOUN
amfbr-79	115	10	between	between	ADP
amfbr-79	115	11	reported	report	VERB
amfbr-79	115	12	income	income	NOUN
amfbr-79	115	13	and	and	CCONJ
amfbr-79	115	14	tax	tax	NOUN
amfbr-79	115	15	income	income	NOUN
amfbr-79	115	16	:	:	PUNCT
amfbr-79	115	17	as	as	SCONJ
amfbr-79	115	18	data	data	NOUN
amfbr-79	115	19	is	be	AUX
amfbr-79	115	20	not	not	PART
amfbr-79	115	21	available	available	ADJ
amfbr-79	115	22	,	,	PUNCT
amfbr-79	115	23	whether	whether	SCONJ
amfbr-79	115	24	such	such	DET
amfbr-79	115	25	a	a	DET
amfbr-79	115	26	thing	thing	NOUN
amfbr-79	115	27	is	be	AUX
amfbr-79	115	28	occurring	occur	VERB
amfbr-79	115	29	or	or	CCONJ
amfbr-79	115	30	not	not	PART
amfbr-79	115	31	ca	can	AUX
amfbr-79	115	32	n’t	not	PART
amfbr-79	115	33	be	be	AUX
amfbr-79	115	34	verified	verify	VERB
amfbr-79	115	35	.	.	PUNCT
amfbr-79	116	1	2.4	2.4	NUM
amfbr-79	116	2	ratio	ratio	NOUN
amfbr-79	116	3	analysis	analysis	NOUN
amfbr-79	116	4	2.4.1	2.4.1	NUM
amfbr-79	116	5	current	current	ADJ
amfbr-79	116	6	ratio	ratio	NOUN
amfbr-79	116	7	:	:	PUNCT
amfbr-79	116	8	current	current	ADJ
amfbr-79	116	9	ratio	ratio	NOUN
amfbr-79	116	10	is	be	AUX
amfbr-79	116	11	diminishing	diminish	VERB
amfbr-79	116	12	over	over	ADP
amfbr-79	116	13	time	time	NOUN
amfbr-79	116	14	which	which	PRON
amfbr-79	116	15	may	may	AUX
amfbr-79	116	16	be	be	AUX
amfbr-79	116	17	considered	consider	VERB
amfbr-79	116	18	as	as	ADV
amfbr-79	116	19	bad	bad	ADJ
amfbr-79	116	20	.	.	PUNCT
amfbr-79	117	1	cr	cr	NOUN
amfbr-79	117	2	decreases	decrease	NOUN
amfbr-79	117	3	because	because	SCONJ
amfbr-79	117	4	of	of	ADP
amfbr-79	117	5	the	the	DET
amfbr-79	117	6	expansion	expansion	NOUN
amfbr-79	117	7	of	of	ADP
amfbr-79	117	8	current	current	ADJ
amfbr-79	117	9	liabilities	liability	NOUN
amfbr-79	117	10	.	.	PUNCT
amfbr-79	118	1	among	among	ADP
amfbr-79	118	2	the	the	DET
amfbr-79	118	3	current	current	ADJ
amfbr-79	118	4	liabilities	liability	NOUN
amfbr-79	118	5	,	,	PUNCT
amfbr-79	118	6	notes	note	NOUN
amfbr-79	118	7	payable	payable	ADJ
amfbr-79	118	8	(	(	PUNCT
amfbr-79	118	9	bank	bank	NOUN
amfbr-79	118	10	loan	loan	NOUN
amfbr-79	118	11	)	)	PUNCT
amfbr-79	118	12	is	be	AUX
amfbr-79	118	13	comparatively	comparatively	ADV
amfbr-79	118	14	increasing	increase	VERB
amfbr-79	118	15	to	to	PART
amfbr-79	118	16	meet	meet	VERB
amfbr-79	118	17	up	up	ADP
amfbr-79	118	18	the	the	DET
amfbr-79	118	19	increased	increase	VERB
amfbr-79	118	20	demand	demand	NOUN
amfbr-79	118	21	.	.	PUNCT
amfbr-79	119	1	moreover	moreover	ADV
amfbr-79	119	2	,	,	PUNCT
amfbr-79	119	3	increase	increase	NOUN
amfbr-79	119	4	of	of	ADP
amfbr-79	119	5	cl	cl	NOUN
amfbr-79	119	6	is	be	AUX
amfbr-79	119	7	more	more	ADJ
amfbr-79	119	8	than	than	ADP
amfbr-79	119	9	that	that	PRON
amfbr-79	119	10	of	of	ADP
amfbr-79	119	11	ca	ca	NOUN
amfbr-79	119	12	over	over	ADP
amfbr-79	119	13	time	time	NOUN
amfbr-79	119	14	.	.	PUNCT
amfbr-79	120	1	2.4.2	2.4.2	NUM
amfbr-79	120	2	quick	quick	ADJ
amfbr-79	120	3	ratio	ratio	NOUN
amfbr-79	120	4	:	:	PUNCT
amfbr-79	120	5	quick	quick	ADJ
amfbr-79	120	6	ratio	ratio	NOUN
amfbr-79	120	7	is	be	AUX
amfbr-79	120	8	showing	show	VERB
amfbr-79	120	9	a	a	DET
amfbr-79	120	10	decreasing	decrease	VERB
amfbr-79	120	11	trend	trend	NOUN
amfbr-79	120	12	over	over	ADP
amfbr-79	120	13	time	time	NOUN
amfbr-79	120	14	and	and	CCONJ
amfbr-79	120	15	it	it	PRON
amfbr-79	120	16	is	be	AUX
amfbr-79	120	17	very	very	ADV
amfbr-79	120	18	ominous	ominous	ADJ
amfbr-79	120	19	.	.	PUNCT
amfbr-79	121	1	qr	qr	PROPN
amfbr-79	121	2	diminishes	diminish	VERB
amfbr-79	121	3	principally	principally	ADV
amfbr-79	121	4	due	due	ADP
amfbr-79	121	5	to	to	ADP
amfbr-79	121	6	the	the	DET
amfbr-79	121	7	increase	increase	NOUN
amfbr-79	121	8	of	of	ADP
amfbr-79	121	9	inventory	inventory	NOUN
amfbr-79	121	10	and	and	CCONJ
amfbr-79	121	11	current	current	ADJ
amfbr-79	121	12	liabilities	liability	NOUN
amfbr-79	121	13	.	.	PUNCT
amfbr-79	122	1	increase	increase	NOUN
amfbr-79	122	2	in	in	ADP
amfbr-79	122	3	inventory	inventory	NOUN
amfbr-79	122	4	might	might	AUX
amfbr-79	122	5	have	have	AUX
amfbr-79	122	6	happened	happen	VERB
amfbr-79	122	7	due	due	ADJ
amfbr-79	122	8	to	to	ADP
amfbr-79	122	9	frail	frail	ADJ
amfbr-79	122	10	sales	sale	NOUN
amfbr-79	122	11	strategy	strategy	NOUN
amfbr-79	122	12	or	or	CCONJ
amfbr-79	122	13	weak	weak	ADJ
amfbr-79	122	14	demand	demand	NOUN
amfbr-79	122	15	.	.	PUNCT
amfbr-79	123	1	2.4.3	2.4.3	NUM
amfbr-79	123	2	inventory	inventory	NOUN
amfbr-79	123	3	turnover	turnover	NOUN
amfbr-79	123	4	days	day	NOUN
amfbr-79	123	5	(	(	PUNCT
amfbr-79	123	6	it	it	PRON
amfbr-79	123	7	d	d	NOUN
amfbr-79	123	8	):	):	PUNCT
amfbr-79	123	9	it	it	PRON
amfbr-79	123	10	is	be	AUX
amfbr-79	123	11	relatively	relatively	ADV
amfbr-79	123	12	low	low	ADJ
amfbr-79	123	13	in	in	ADP
amfbr-79	123	14	second	second	ADJ
amfbr-79	123	15	year	year	NOUN
amfbr-79	123	16	due	due	ADP
amfbr-79	123	17	to	to	ADP
amfbr-79	123	18	lowered	lower	VERB
amfbr-79	123	19	cgs	cgs	NOUN
amfbr-79	123	20	.	.	PUNCT
amfbr-79	124	1	however	however	ADV
amfbr-79	124	2	,	,	PUNCT
amfbr-79	124	3	it	it	PRON
amfbr-79	124	4	d	d	NOUN
amfbr-79	124	5	is	be	AUX
amfbr-79	124	6	relatively	relatively	ADV
amfbr-79	124	7	satisfactory	satisfactory	ADJ
amfbr-79	124	8	for	for	ADP
amfbr-79	124	9	fu	fu	PROPN
amfbr-79	124	10	wang	wang	PROPN
amfbr-79	124	11	.	.	PUNCT
amfbr-79	125	1	increase	increase	NOUN
amfbr-79	125	2	of	of	ADP
amfbr-79	125	3	it	it	PRON
amfbr-79	125	4	d	d	PROPN
amfbr-79	125	5	is	be	AUX
amfbr-79	125	6	looked	look	VERB
amfbr-79	125	7	as	as	ADP
amfbr-79	125	8	inefficiency	inefficiency	NOUN
amfbr-79	125	9	as	as	SCONJ
amfbr-79	125	10	goods	good	NOUN
amfbr-79	125	11	are	be	AUX
amfbr-79	125	12	taking	take	VERB
amfbr-79	125	13	longer	long	ADJ
amfbr-79	125	14	time	time	NOUN
amfbr-79	125	15	to	to	PART
amfbr-79	125	16	be	be	AUX
amfbr-79	125	17	finished	finish	VERB
amfbr-79	125	18	.	.	PUNCT
amfbr-79	126	1	launching	launch	VERB
amfbr-79	126	2	new	new	ADJ
amfbr-79	126	3	machineries	machinery	NOUN
amfbr-79	126	4	and	and	CCONJ
amfbr-79	126	5	training	training	NOUN
amfbr-79	126	6	labors	labor	NOUN
amfbr-79	126	7	may	may	AUX
amfbr-79	126	8	lower	lower	VERB
amfbr-79	126	9	it	it	PRON
amfbr-79	126	10	d.	d.	PROPN
amfbr-79	126	11	however	however	ADV
amfbr-79	126	12	,	,	PUNCT
amfbr-79	126	13	the	the	DET
amfbr-79	126	14	decrease	decrease	NOUN
amfbr-79	126	15	of	of	ADP
amfbr-79	126	16	it	it	PRON
amfbr-79	126	17	d	d	PROPN
amfbr-79	126	18	is	be	AUX
amfbr-79	126	19	not	not	PART
amfbr-79	126	20	a	a	DET
amfbr-79	126	21	result	result	NOUN
amfbr-79	126	22	of	of	ADP
amfbr-79	126	23	jit	jit	PROPN
amfbr-79	126	24	inventory	inventory	NOUN
amfbr-79	126	25	management	management	NOUN
amfbr-79	126	26	.	.	PUNCT
amfbr-79	127	1	2.4.4	2.4.4	NUM
amfbr-79	127	2	average	average	ADJ
amfbr-79	127	3	collection	collection	NOUN
amfbr-79	127	4	period	period	NOUN
amfbr-79	127	5	:	:	PUNCT
amfbr-79	127	6	it	it	PRON
amfbr-79	127	7	is	be	AUX
amfbr-79	127	8	remaining	remain	VERB
amfbr-79	127	9	stagnant	stagnant	ADJ
amfbr-79	127	10	over	over	ADP
amfbr-79	127	11	time	time	NOUN
amfbr-79	127	12	because	because	SCONJ
amfbr-79	127	13	sales	sale	NOUN
amfbr-79	127	14	are	be	AUX
amfbr-79	127	15	increasing	increase	VERB
amfbr-79	127	16	and	and	CCONJ
amfbr-79	127	17	a	a	PRON
amfbr-79	127	18	/	/	SYM
amfbr-79	127	19	r	r	NOUN
amfbr-79	127	20	is	be	AUX
amfbr-79	127	21	almost	almost	ADV
amfbr-79	127	22	increasing	increase	VERB
amfbr-79	127	23	at	at	ADP
amfbr-79	127	24	the	the	DET
amfbr-79	127	25	same	same	ADJ
amfbr-79	127	26	rate	rate	NOUN
amfbr-79	127	27	.	.	PUNCT
amfbr-79	128	1	this	this	PRON
amfbr-79	128	2	may	may	AUX
amfbr-79	128	3	be	be	AUX
amfbr-79	128	4	good	good	ADJ
amfbr-79	128	5	but	but	CCONJ
amfbr-79	128	6	credit	credit	NOUN
amfbr-79	128	7	policy	policy	NOUN
amfbr-79	128	8	must	must	AUX
amfbr-79	128	9	be	be	AUX
amfbr-79	128	10	reviewed	review	VERB
amfbr-79	128	11	according	accord	VERB
amfbr-79	128	12	to	to	ADP
amfbr-79	128	13	the	the	DET
amfbr-79	128	14	business	business	NOUN
amfbr-79	128	15	scenario	scenario	NOUN
amfbr-79	128	16	.	.	PUNCT
amfbr-79	129	1	2.4.5	2.4.5	NUM
amfbr-79	129	2	fixed	fix	VERB
amfbr-79	129	3	asset	asset	NOUN
amfbr-79	129	4	turnover	turnover	NOUN
amfbr-79	129	5	:	:	PUNCT
amfbr-79	129	6	fsa	fsa	PROPN
amfbr-79	129	7	of	of	ADP
amfbr-79	129	8	the	the	DET
amfbr-79	129	9	firm	firm	NOUN
amfbr-79	129	10	is	be	AUX
amfbr-79	129	11	not	not	PART
amfbr-79	129	12	quite	quite	ADV
amfbr-79	129	13	satisfactory	satisfactory	ADJ
amfbr-79	129	14	.	.	PUNCT
amfbr-79	130	1	alarmingly	alarmingly	ADV
amfbr-79	130	2	,	,	PUNCT
amfbr-79	130	3	it	it	PRON
amfbr-79	130	4	is	be	AUX
amfbr-79	130	5	fluctuating	fluctuate	VERB
amfbr-79	130	6	over	over	ADP
amfbr-79	130	7	time	time	NOUN
amfbr-79	130	8	and	and	CCONJ
amfbr-79	130	9	then	then	ADV
amfbr-79	130	10	shows	show	VERB
amfbr-79	130	11	an	an	DET
amfbr-79	130	12	increasing	increase	VERB
amfbr-79	130	13	pattern	pattern	NOUN
amfbr-79	130	14	.	.	PUNCT
amfbr-79	131	1	this	this	DET
amfbr-79	131	2	indicator	indicator	NOUN
amfbr-79	131	3	shows	show	VERB
amfbr-79	131	4	operating	operate	VERB
amfbr-79	131	5	leverage	leverage	NOUN
amfbr-79	131	6	of	of	ADP
amfbr-79	131	7	the	the	DET
amfbr-79	131	8	firm	firm	NOUN
amfbr-79	131	9	,	,	PUNCT
amfbr-79	131	10	which	which	PRON
amfbr-79	131	11	is	be	AUX
amfbr-79	131	12	,	,	PUNCT
amfbr-79	131	13	of	of	ADP
amfbr-79	131	14	course	course	NOUN
amfbr-79	131	15	,	,	PUNCT
amfbr-79	131	16	not	not	PART
amfbr-79	131	17	satisfactory	satisfactory	ADJ
amfbr-79	131	18	for	for	ADP
amfbr-79	131	19	this	this	DET
amfbr-79	131	20	firm	firm	NOUN
amfbr-79	131	21	.	.	PUNCT
amfbr-79	132	1	2.4.6	2.4.6	NUM
amfbr-79	132	2	total	total	ADJ
amfbr-79	132	3	asset	asset	NOUN
amfbr-79	132	4	turnover	turnover	NOUN
amfbr-79	132	5	:	:	PUNCT
amfbr-79	132	6	tat	tat	NOUN
amfbr-79	132	7	is	be	AUX
amfbr-79	132	8	also	also	ADV
amfbr-79	132	9	very	very	ADV
amfbr-79	132	10	low	low	ADJ
amfbr-79	132	11	.	.	PUNCT
amfbr-79	133	1	it	it	PRON
amfbr-79	133	2	is	be	AUX
amfbr-79	133	3	slightly	slightly	ADV
amfbr-79	133	4	decreasing	decrease	VERB
amfbr-79	133	5	due	due	ADJ
amfbr-79	133	6	to	to	ADP
amfbr-79	133	7	wearing	wear	VERB
amfbr-79	133	8	out	out	ADP
amfbr-79	133	9	of	of	ADP
amfbr-79	133	10	assets	asset	NOUN
amfbr-79	133	11	,	,	PUNCT
amfbr-79	133	12	suggesting	suggest	VERB
amfbr-79	133	13	manufacturing	manufacture	VERB
amfbr-79	133	14	inefficiency	inefficiency	NOUN
amfbr-79	133	15	and	and	CCONJ
amfbr-79	133	16	then	then	ADV
amfbr-79	133	17	has	have	VERB
amfbr-79	133	18	a	a	DET
amfbr-79	133	19	u	u	NOUN
amfbr-79	133	20	-	-	NOUN
amfbr-79	133	21	turn	turn	NOUN
amfbr-79	133	22	.	.	PUNCT
amfbr-79	134	1	2.4.7	2.4.7	NUM
amfbr-79	134	2	debt	debt	NOUN
amfbr-79	134	3	ratio	ratio	NOUN
amfbr-79	134	4	:	:	PUNCT
amfbr-79	134	5	it	it	PRON
amfbr-79	134	6	is	be	AUX
amfbr-79	134	7	slightly	slightly	ADV
amfbr-79	134	8	increasing	increase	VERB
amfbr-79	134	9	over	over	ADP
amfbr-79	134	10	time	time	NOUN
amfbr-79	134	11	due	due	ADJ
amfbr-79	134	12	to	to	PART
amfbr-79	134	13	increase	increase	VERB
amfbr-79	134	14	in	in	ADP
amfbr-79	134	15	current	current	ADJ
amfbr-79	134	16	liabilities	liability	NOUN
amfbr-79	134	17	and	and	CCONJ
amfbr-79	134	18	expansion	expansion	NOUN
amfbr-79	134	19	of	of	ADP
amfbr-79	134	20	business	business	NOUN
amfbr-79	134	21	.	.	PUNCT
amfbr-79	135	1	though	though	SCONJ
amfbr-79	135	2	optimum	optimum	ADJ
amfbr-79	135	3	debt	debt	NOUN
amfbr-79	135	4	level	level	NOUN
amfbr-79	135	5	varies	vary	VERB
amfbr-79	135	6	among	among	ADP
amfbr-79	135	7	firms	firm	NOUN
amfbr-79	135	8	,	,	PUNCT
amfbr-79	135	9	the	the	DET
amfbr-79	135	10	firm	firm	NOUN
amfbr-79	135	11	has	have	AUX
amfbr-79	135	12	already	already	ADV
amfbr-79	135	13	almost	almost	ADV
amfbr-79	135	14	35	35	NUM
amfbr-79	135	15	%	%	NOUN
amfbr-79	135	16	short	short	ADJ
amfbr-79	135	17	-	-	PUNCT
amfbr-79	135	18	term	term	NOUN
amfbr-79	135	19	loans	loan	NOUN
amfbr-79	135	20	on	on	ADP
amfbr-79	135	21	average	average	ADJ
amfbr-79	135	22	and	and	CCONJ
amfbr-79	135	23	other	other	ADJ
amfbr-79	135	24	current	current	ADJ
amfbr-79	135	25	liabilities	liability	NOUN
amfbr-79	135	26	,	,	PUNCT
amfbr-79	135	27	indicating	indicate	VERB
amfbr-79	135	28	financial	financial	ADJ
amfbr-79	135	29	risk	risk	NOUN
amfbr-79	135	30	.	.	PUNCT
amfbr-79	136	1	2.4.8	2.4.8	NUM
amfbr-79	136	2	time	time	NOUN
amfbr-79	136	3	interest	interest	NOUN
amfbr-79	136	4	earned	earn	VERB
amfbr-79	136	5	ratio	ratio	NOUN
amfbr-79	136	6	:	:	PUNCT
amfbr-79	136	7	this	this	DET
amfbr-79	136	8	ratio	ratio	NOUN
amfbr-79	136	9	showed	show	VERB
amfbr-79	136	10	a	a	DET
amfbr-79	136	11	good	good	ADJ
amfbr-79	136	12	situation	situation	NOUN
amfbr-79	136	13	for	for	ADP
amfbr-79	136	14	the	the	DET
amfbr-79	136	15	first	first	ADJ
amfbr-79	136	16	three	three	NUM
amfbr-79	136	17	years	year	NOUN
amfbr-79	136	18	but	but	CCONJ
amfbr-79	136	19	due	due	ADP
amfbr-79	136	20	to	to	ADP
amfbr-79	136	21	profit	profit	NOUN
amfbr-79	136	22	reduction	reduction	NOUN
amfbr-79	136	23	this	this	DET
amfbr-79	136	24	ratio	ratio	NOUN
amfbr-79	136	25	is	be	AUX
amfbr-79	136	26	showing	show	VERB
amfbr-79	136	27	an	an	DET
amfbr-79	136	28	alarm	alarm	NOUN
amfbr-79	136	29	-	-	PUNCT
amfbr-79	136	30	bell	bell	NOUN
amfbr-79	136	31	for	for	ADP
amfbr-79	136	32	the	the	DET
amfbr-79	136	33	last	last	ADJ
amfbr-79	136	34	years	year	NOUN
amfbr-79	136	35	.	.	PUNCT
amfbr-79	137	1	2.4.9	2.4.9	NUM
amfbr-79	137	2	long	long	ADJ
amfbr-79	137	3	term	term	NOUN
amfbr-79	137	4	debt	debt	NOUN
amfbr-79	137	5	ratio	ratio	NOUN
amfbr-79	137	6	(	(	PUNCT
amfbr-79	137	7	ltd	ltd	PROPN
amfbr-79	137	8	):	):	PUNCT
amfbr-79	137	9	the	the	DET
amfbr-79	137	10	value	value	NOUN
amfbr-79	137	11	is	be	AUX
amfbr-79	137	12	zero	zero	NUM
amfbr-79	137	13	as	as	SCONJ
amfbr-79	137	14	no	no	DET
amfbr-79	137	15	long	long	ADJ
amfbr-79	137	16	term	term	NOUN
amfbr-79	137	17	debt	debt	NOUN
amfbr-79	137	18	has	have	AUX
amfbr-79	137	19	been	be	AUX
amfbr-79	137	20	utilized	utilize	VERB
amfbr-79	137	21	.	.	PUNCT
amfbr-79	138	1	2.4.10	2.4.10	NUM
amfbr-79	138	2	gross	gross	ADJ
amfbr-79	138	3	profit	profit	NOUN
amfbr-79	138	4	margin	margin	NOUN
amfbr-79	138	5	:	:	PUNCT
amfbr-79	138	6	here	here	ADV
amfbr-79	138	7	no	no	DET
amfbr-79	138	8	significant	significant	ADJ
amfbr-79	138	9	trend	trend	NOUN
amfbr-79	138	10	is	be	AUX
amfbr-79	138	11	shown	show	VERB
amfbr-79	138	12	.	.	PUNCT
amfbr-79	139	1	it	it	PRON
amfbr-79	139	2	increases	increase	VERB
amfbr-79	139	3	a	a	DET
amfbr-79	139	4	bit	bit	NOUN
amfbr-79	139	5	,	,	PUNCT
amfbr-79	139	6	perhaps	perhaps	ADV
amfbr-79	139	7	,	,	PUNCT
amfbr-79	139	8	because	because	SCONJ
amfbr-79	139	9	of	of	ADP
amfbr-79	139	10	utilization	utilization	NOUN
amfbr-79	139	11	of	of	ADP
amfbr-79	139	12	high	high	ADJ
amfbr-79	139	13	operating	operating	NOUN
amfbr-79	139	14	leverage	leverage	NOUN
amfbr-79	139	15	.	.	PUNCT
amfbr-79	140	1	2.4.11	2.4.11	NUM
amfbr-79	140	2	operating	operate	VERB
amfbr-79	140	3	profit	profit	NOUN
amfbr-79	140	4	margin	margin	NOUN
amfbr-79	140	5	:	:	PUNCT
amfbr-79	140	6	it	it	PRON
amfbr-79	140	7	is	be	AUX
amfbr-79	140	8	also	also	ADV
amfbr-79	140	9	relatively	relatively	ADV
amfbr-79	140	10	constant	constant	ADJ
amfbr-79	140	11	over	over	ADP
amfbr-79	140	12	time	time	NOUN
amfbr-79	140	13	due	due	ADP
amfbr-79	140	14	to	to	ADP
amfbr-79	140	15	no	no	DET
amfbr-79	140	16	substantial	substantial	ADJ
amfbr-79	140	17	change	change	NOUN
amfbr-79	140	18	in	in	ADP
amfbr-79	140	19	operating	operating	NOUN
amfbr-79	140	20	expenses	expense	NOUN
amfbr-79	140	21	.	.	PUNCT
amfbr-79	141	1	2.4.12	2.4.12	NUM
amfbr-79	141	2	net	net	ADJ
amfbr-79	141	3	profit	profit	NOUN
amfbr-79	141	4	margin	margin	NOUN
amfbr-79	141	5	:	:	PUNCT
amfbr-79	141	6	net	net	ADJ
amfbr-79	141	7	profit	profit	NOUN
amfbr-79	141	8	is	be	AUX
amfbr-79	141	9	vulnerable	vulnerable	ADJ
amfbr-79	141	10	and	and	CCONJ
amfbr-79	141	11	slightly	slightly	ADV
amfbr-79	141	12	decreasing	decrease	VERB
amfbr-79	141	13	over	over	ADP
amfbr-79	141	14	time	time	NOUN
amfbr-79	141	15	due	due	ADP
amfbr-79	141	16	to	to	ADP
amfbr-79	141	17	short	short	ADJ
amfbr-79	141	18	-	-	PUNCT
amfbr-79	141	19	term	term	NOUN
amfbr-79	141	20	interest	interest	NOUN
amfbr-79	141	21	amount	amount	NOUN
amfbr-79	141	22	(	(	PUNCT
amfbr-79	141	23	we	we	PRON
amfbr-79	141	24	termed	term	VERB
amfbr-79	141	25	short	short	ADJ
amfbr-79	141	26	term	term	NOUN
amfbr-79	141	27	bank	bank	NOUN
amfbr-79	141	28	loans	loan	NOUN
amfbr-79	141	29	as	as	ADP
amfbr-79	141	30	notes	note	NOUN
amfbr-79	141	31	payable).to	payable).to	PRON
amfbr-79	141	32	meet	meet	VERB
amfbr-79	141	33	up	up	ADP
amfbr-79	141	34	the	the	DET
amfbr-79	141	35	increased	increase	VERB
amfbr-79	141	36	demand	demand	NOUN
amfbr-79	141	37	fu	fu	NOUN
amfbr-79	141	38	-	-	PUNCT
amfbr-79	141	39	wang	wang	PROPN
amfbr-79	141	40	foods	food	NOUN
amfbr-79	141	41	limited	limit	VERB
amfbr-79	141	42	has	have	AUX
amfbr-79	141	43	taken	take	VERB
amfbr-79	141	44	loan	loan	NOUN
amfbr-79	141	45	from	from	ADP
amfbr-79	141	46	bank	bank	NOUN
amfbr-79	141	47	which	which	PRON
amfbr-79	141	48	increases	increase	VERB
amfbr-79	141	49	the	the	DET
amfbr-79	141	50	notes	note	NOUN
amfbr-79	141	51	payable	payable	ADJ
amfbr-79	141	52	over	over	ADP
amfbr-79	141	53	time	time	NOUN
amfbr-79	141	54	,	,	PUNCT
amfbr-79	141	55	so	so	ADV
amfbr-79	141	56	does	do	VERB
amfbr-79	141	57	the	the	DET
amfbr-79	141	58	interest	interest	NOUN
amfbr-79	141	59	.	.	PUNCT
amfbr-79	142	1	that	that	PRON
amfbr-79	142	2	is	be	AUX
amfbr-79	142	3	why	why	SCONJ
amfbr-79	142	4	net	net	ADJ
amfbr-79	142	5	profit	profit	NOUN
amfbr-79	142	6	margin	margin	NOUN
amfbr-79	142	7	is	be	AUX
amfbr-79	142	8	declining	decline	VERB
amfbr-79	142	9	.	.	PUNCT
amfbr-79	143	1	an	an	DET
amfbr-79	143	2	empirical	empirical	ADJ
amfbr-79	143	3	research	research	NOUN
amfbr-79	143	4	on	on	ADP
amfbr-79	143	5	fu	fu	PROPN
amfbr-79	143	6	-	-	PUNCT
amfbr-79	143	7	wang	wang	PROPN
amfbr-79	143	8	foods	foods	PROPN
amfbr-79	143	9	ltd	ltd	PROPN
amfbr-79	143	10	:	:	PUNCT
amfbr-79	143	11	industry	industry	NOUN
amfbr-79	143	12	,	,	PUNCT
amfbr-79	143	13	strategy	strategy	NOUN
amfbr-79	143	14	,	,	PUNCT
amfbr-79	143	15	accounting	accounting	NOUN
amfbr-79	143	16	,	,	PUNCT
amfbr-79	143	17	ratio	ratio	NOUN
amfbr-79	143	18	,	,	PUNCT
amfbr-79	143	19	valuation	valuation	NOUN
amfbr-79	143	20	and	and	CCONJ
amfbr-79	143	21	proforma	proforma	NOUN
amfbr-79	143	22	analysis	analysis	NOUN
amfbr-79	143	23	k.	k.	PROPN
amfbr-79	143	24	m.	m.	PROPN
amfbr-79	143	25	anwarul	anwarul	PROPN
amfbr-79	144	1	islam	islam	PROPN
amfbr-79	144	2	7	7	NUM
amfbr-79	144	3	2.4.13	2.4.13	NUM
amfbr-79	144	4	roa	roa	PROPN
amfbr-79	144	5	:	:	PUNCT
amfbr-79	144	6	roa	roa	PROPN
amfbr-79	144	7	is	be	AUX
amfbr-79	144	8	satisfactory	satisfactory	ADJ
amfbr-79	144	9	but	but	CCONJ
amfbr-79	144	10	vulnerable	vulnerable	ADJ
amfbr-79	144	11	.	.	PUNCT
amfbr-79	145	1	it	it	PRON
amfbr-79	145	2	is	be	AUX
amfbr-79	145	3	vulnerable	vulnerable	ADJ
amfbr-79	145	4	over	over	ADP
amfbr-79	145	5	time	time	NOUN
amfbr-79	145	6	due	due	ADP
amfbr-79	145	7	to	to	ADP
amfbr-79	145	8	the	the	DET
amfbr-79	145	9	vulnerability	vulnerability	NOUN
amfbr-79	145	10	of	of	ADP
amfbr-79	145	11	profit	profit	NOUN
amfbr-79	145	12	.	.	PUNCT
amfbr-79	146	1	2.4.14	2.4.14	NUM
amfbr-79	146	2	roe	roe	NOUN
amfbr-79	146	3	:	:	PUNCT
amfbr-79	146	4	roe	roe	NOUN
amfbr-79	146	5	is	be	AUX
amfbr-79	146	6	also	also	ADV
amfbr-79	146	7	quite	quite	ADV
amfbr-79	146	8	good	good	ADJ
amfbr-79	146	9	but	but	CCONJ
amfbr-79	146	10	decrease	decrease	VERB
amfbr-79	146	11	for	for	ADP
amfbr-79	146	12	some	some	DET
amfbr-79	146	13	years	year	NOUN
amfbr-79	146	14	due	due	ADJ
amfbr-79	146	15	to	to	ADP
amfbr-79	146	16	increased	increase	VERB
amfbr-79	146	17	cgs	cgs	NOUN
amfbr-79	146	18	and	and	CCONJ
amfbr-79	146	19	unidentified	unidentified	ADJ
amfbr-79	146	20	admin	admin	NOUN
amfbr-79	146	21	and	and	CCONJ
amfbr-79	146	22	selling	sell	VERB
amfbr-79	146	23	expense	expense	NOUN
amfbr-79	146	24	.	.	PUNCT
amfbr-79	147	1	it	it	PRON
amfbr-79	147	2	is	be	AUX
amfbr-79	147	3	vulnerable	vulnerable	ADJ
amfbr-79	147	4	due	due	ADP
amfbr-79	147	5	to	to	ADP
amfbr-79	147	6	the	the	DET
amfbr-79	147	7	fluctuation	fluctuation	NOUN
amfbr-79	147	8	of	of	ADP
amfbr-79	147	9	profit	profit	NOUN
amfbr-79	147	10	.	.	PUNCT
amfbr-79	148	1	2.4.15	2.4.15	NUM
amfbr-79	148	2	eps	eps	PROPN
amfbr-79	148	3	:	:	PUNCT
amfbr-79	148	4	eps	eps	PROPN
amfbr-79	148	5	is	be	AUX
amfbr-79	148	6	following	follow	VERB
amfbr-79	148	7	an	an	DET
amfbr-79	148	8	upward	upward	ADJ
amfbr-79	148	9	trend	trend	NOUN
amfbr-79	148	10	with	with	ADP
amfbr-79	148	11	deviation	deviation	NOUN
amfbr-79	148	12	.	.	PUNCT
amfbr-79	149	1	earnings	earning	NOUN
amfbr-79	149	2	of	of	ADP
amfbr-79	149	3	around	around	ADV
amfbr-79	149	4	2	2	NUM
amfbr-79	149	5	plus	plus	CCONJ
amfbr-79	149	6	taka	taka	NOUN
amfbr-79	149	7	out	out	ADP
amfbr-79	149	8	of	of	ADP
amfbr-79	149	9	face	face	NOUN
amfbr-79	149	10	value	value	NOUN
amfbr-79	149	11	or	or	CCONJ
amfbr-79	149	12	market	market	NOUN
amfbr-79	149	13	value	value	NOUN
amfbr-79	149	14	of	of	ADP
amfbr-79	149	15	10	10	NUM
amfbr-79	149	16	to	to	PART
amfbr-79	149	17	14	14	NUM
amfbr-79	149	18	taka	taka	NOUN
amfbr-79	149	19	is	be	AUX
amfbr-79	149	20	not	not	PART
amfbr-79	149	21	bad	bad	ADJ
amfbr-79	149	22	at	at	ADV
amfbr-79	149	23	all	all	ADV
amfbr-79	149	24	.	.	PUNCT
amfbr-79	150	1	it	it	PRON
amfbr-79	150	2	is	be	AUX
amfbr-79	150	3	vulnerable	vulnerable	ADJ
amfbr-79	150	4	due	due	ADP
amfbr-79	150	5	to	to	ADP
amfbr-79	150	6	the	the	DET
amfbr-79	150	7	vulnerability	vulnerability	NOUN
amfbr-79	150	8	of	of	ADP
amfbr-79	150	9	net	net	ADJ
amfbr-79	150	10	profit	profit	NOUN
amfbr-79	150	11	.	.	PUNCT
amfbr-79	151	1	2.4.16	2.4.16	NUM
amfbr-79	151	2	p	p	X
amfbr-79	151	3	/	/	SYM
amfbr-79	151	4	e	e	NOUN
amfbr-79	151	5	ratio	ratio	NOUN
amfbr-79	151	6	:	:	PUNCT
amfbr-79	151	7	this	this	PRON
amfbr-79	151	8	is	be	AUX
amfbr-79	151	9	not	not	PART
amfbr-79	151	10	unsatisfactory	unsatisfactory	ADJ
amfbr-79	151	11	.	.	PUNCT
amfbr-79	152	1	but	but	CCONJ
amfbr-79	152	2	again	again	ADV
amfbr-79	152	3	it	it	PRON
amfbr-79	152	4	is	be	AUX
amfbr-79	152	5	fluctuating	fluctuate	VERB
amfbr-79	152	6	over	over	ADP
amfbr-79	152	7	time	time	NOUN
amfbr-79	152	8	due	due	ADP
amfbr-79	152	9	to	to	ADP
amfbr-79	152	10	the	the	DET
amfbr-79	152	11	vulnerability	vulnerability	NOUN
amfbr-79	152	12	of	of	ADP
amfbr-79	152	13	price	price	NOUN
amfbr-79	152	14	and	and	CCONJ
amfbr-79	152	15	earnings	earning	NOUN
amfbr-79	152	16	.	.	PUNCT
amfbr-79	153	1	2.4.17	2.4.17	NUM
amfbr-79	153	2	sensitivity	sensitivity	NOUN
amfbr-79	153	3	of	of	ADP
amfbr-79	153	4	roe	roe	NOUN
amfbr-79	153	5	:	:	PUNCT
amfbr-79	153	6	roe	roe	PROPN
amfbr-79	153	7	is	be	AUX
amfbr-79	153	8	more	more	ADV
amfbr-79	153	9	sensitive	sensitive	ADJ
amfbr-79	153	10	to	to	ADP
amfbr-79	153	11	total	total	ADJ
amfbr-79	153	12	assets	asset	NOUN
amfbr-79	153	13	turnover	turnover	NOUN
amfbr-79	153	14	and	and	CCONJ
amfbr-79	153	15	less	less	ADV
amfbr-79	153	16	sensitive	sensitive	ADJ
amfbr-79	153	17	to	to	PART
amfbr-79	153	18	profit	profit	NOUN
amfbr-79	153	19	margin	margin	NOUN
amfbr-79	153	20	and	and	CCONJ
amfbr-79	153	21	financial	financial	ADJ
amfbr-79	153	22	leverage	leverage	NOUN
amfbr-79	153	23	.	.	PUNCT
amfbr-79	154	1	from	from	ADP
amfbr-79	154	2	the	the	DET
amfbr-79	154	3	sensitivity	sensitivity	NOUN
amfbr-79	154	4	analysis	analysis	NOUN
amfbr-79	154	5	it	it	PRON
amfbr-79	154	6	is	be	AUX
amfbr-79	154	7	seen	see	VERB
amfbr-79	154	8	that	that	SCONJ
amfbr-79	154	9	total	total	ADJ
amfbr-79	154	10	assets	asset	NOUN
amfbr-79	154	11	turnover	turnover	NOUN
amfbr-79	154	12	has	have	VERB
amfbr-79	154	13	greater	great	ADJ
amfbr-79	154	14	standard	standard	ADJ
amfbr-79	154	15	deviation	deviation	NOUN
amfbr-79	154	16	and	and	CCONJ
amfbr-79	154	17	the	the	DET
amfbr-79	154	18	other	other	ADJ
amfbr-79	154	19	two	two	NUM
amfbr-79	154	20	indicators	indicator	NOUN
amfbr-79	154	21	have	have	VERB
amfbr-79	154	22	lesser	less	ADJ
amfbr-79	154	23	standard	standard	ADJ
amfbr-79	154	24	deviation	deviation	NOUN
amfbr-79	154	25	.	.	PUNCT
amfbr-79	155	1	2.5	2.5	NUM
amfbr-79	155	2	valuation	valuation	NOUN
amfbr-79	155	3	:	:	PUNCT
amfbr-79	155	4	discounted	discount	VERB
amfbr-79	155	5	cash	cash	NOUN
amfbr-79	155	6	flow	flow	NOUN
amfbr-79	155	7	analysis	analysis	NOUN
amfbr-79	155	8	the	the	DET
amfbr-79	155	9	valuation	valuation	NOUN
amfbr-79	155	10	of	of	ADP
amfbr-79	155	11	a	a	DET
amfbr-79	155	12	company	company	NOUN
amfbr-79	155	13	can	can	AUX
amfbr-79	155	14	be	be	AUX
amfbr-79	155	15	done	do	VERB
amfbr-79	155	16	with	with	ADP
amfbr-79	155	17	various	various	ADJ
amfbr-79	155	18	methods	method	NOUN
amfbr-79	155	19	and	and	CCONJ
amfbr-79	155	20	various	various	ADJ
amfbr-79	155	21	accounting	accounting	NOUN
amfbr-79	155	22	figures	figure	NOUN
amfbr-79	155	23	.	.	PUNCT
amfbr-79	156	1	we	we	PRON
amfbr-79	156	2	have	have	AUX
amfbr-79	156	3	used	use	VERB
amfbr-79	156	4	discounted	discount	VERB
amfbr-79	156	5	free	free	ADJ
amfbr-79	156	6	cash	cash	NOUN
amfbr-79	156	7	flow	flow	NOUN
amfbr-79	156	8	valuation	valuation	NOUN
amfbr-79	156	9	model	model	NOUN
amfbr-79	156	10	.	.	PUNCT
amfbr-79	157	1	according	accord	VERB
amfbr-79	157	2	to	to	ADP
amfbr-79	157	3	the	the	DET
amfbr-79	157	4	model	model	NOUN
amfbr-79	157	5	,	,	PUNCT
amfbr-79	157	6	the	the	DET
amfbr-79	157	7	value	value	NOUN
amfbr-79	157	8	of	of	ADP
amfbr-79	157	9	a	a	DET
amfbr-79	157	10	company	company	NOUN
amfbr-79	157	11	can	can	AUX
amfbr-79	157	12	be	be	AUX
amfbr-79	157	13	estimated	estimate	VERB
amfbr-79	157	14	as	as	ADP
amfbr-79	157	15	:	:	PUNCT
amfbr-79	157	16	v=	v=	NOUN
amfbr-79	157	17	pv	pv	INTJ
amfbr-79	157	18	of	of	ADP
amfbr-79	157	19	all	all	DET
amfbr-79	157	20	fcf	fcf	NOUN
amfbr-79	157	21	=	=	SYM
amfbr-79	157	22	pv	pv	X
amfbr-79	157	23	of	of	ADP
amfbr-79	157	24	limited	limited	ADJ
amfbr-79	157	25	time	time	NOUN
amfbr-79	157	26	initial	initial	ADJ
amfbr-79	157	27	growth	growth	NOUN
amfbr-79	157	28	fcf	fcf	NOUN
amfbr-79	157	29	+	+	CCONJ
amfbr-79	157	30	pv	pv	NOUN
amfbr-79	157	31	of	of	ADP
amfbr-79	157	32	adjusted	adjust	VERB
amfbr-79	157	33	growth	growth	NOUN
amfbr-79	157	34	fcf	fcf	NOUN
amfbr-79	157	35	thereafter	thereafter	ADV
amfbr-79	157	36	.	.	PUNCT
amfbr-79	158	1	there	there	PRON
amfbr-79	158	2	are	be	VERB
amfbr-79	158	3	some	some	DET
amfbr-79	158	4	assumptions	assumption	NOUN
amfbr-79	158	5	in	in	ADP
amfbr-79	158	6	the	the	DET
amfbr-79	158	7	valuation	valuation	NOUN
amfbr-79	158	8	model	model	NOUN
amfbr-79	158	9	and	and	CCONJ
amfbr-79	158	10	the	the	DET
amfbr-79	158	11	statement	statement	NOUN
amfbr-79	158	12	from	from	ADP
amfbr-79	158	13	which	which	PRON
amfbr-79	158	14	the	the	DET
amfbr-79	158	15	fcfs	fcfs	NOUN
amfbr-79	158	16	are	be	AUX
amfbr-79	158	17	derived	derive	VERB
amfbr-79	158	18	resembles	resemble	NOUN
amfbr-79	158	19	income	income	NOUN
amfbr-79	158	20	statement	statement	NOUN
amfbr-79	158	21	but	but	CCONJ
amfbr-79	158	22	is	be	AUX
amfbr-79	158	23	not	not	PART
amfbr-79	158	24	accurately	accurately	ADV
amfbr-79	158	25	an	an	DET
amfbr-79	158	26	income	income	NOUN
amfbr-79	158	27	statement	statement	NOUN
amfbr-79	158	28	.	.	PUNCT
amfbr-79	159	1	the	the	DET
amfbr-79	159	2	assumptions	assumption	NOUN
amfbr-79	159	3	are	be	AUX
amfbr-79	159	4	:	:	PUNCT
amfbr-79	159	5			X
amfbr-79	159	6	secondary	secondary	ADJ
amfbr-79	159	7	growth	growth	NOUN
amfbr-79	159	8	rate	rate	NOUN
amfbr-79	159	9	is	be	AUX
amfbr-79	159	10	0.5	0.5	NUM
amfbr-79	159	11	%	%	NOUN
amfbr-79	159	12	.	.	PUNCT
amfbr-79	160	1	the	the	DET
amfbr-79	160	2	reason	reason	NOUN
amfbr-79	160	3	is	be	AUX
amfbr-79	160	4	that	that	SCONJ
amfbr-79	160	5	the	the	DET
amfbr-79	160	6	firm	firm	NOUN
amfbr-79	160	7	is	be	AUX
amfbr-79	160	8	a	a	DET
amfbr-79	160	9	manufacturer	manufacturer	NOUN
amfbr-79	160	10	of	of	ADP
amfbr-79	160	11	essential	essential	ADJ
amfbr-79	160	12	goods	good	NOUN
amfbr-79	160	13	and	and	CCONJ
amfbr-79	160	14	the	the	DET
amfbr-79	160	15	growth	growth	NOUN
amfbr-79	160	16	of	of	ADP
amfbr-79	160	17	demand	demand	NOUN
amfbr-79	160	18	of	of	ADP
amfbr-79	160	19	this	this	DET
amfbr-79	160	20	sector	sector	NOUN
amfbr-79	160	21	is	be	AUX
amfbr-79	160	22	not	not	PART
amfbr-79	160	23	too	too	ADV
amfbr-79	160	24	much	much	ADJ
amfbr-79	160	25	.	.	PUNCT
amfbr-79	160	26			AUX
amfbr-79	161	1	no	no	DET
amfbr-79	161	2	assets	asset	NOUN
amfbr-79	161	3	disposal	disposal	NOUN
amfbr-79	161	4	will	will	AUX
amfbr-79	161	5	occur	occur	VERB
amfbr-79	161	6	.	.	PUNCT
amfbr-79	162	1			X
amfbr-79	162	2	depreciation	depreciation	NOUN
amfbr-79	162	3	rate	rate	NOUN
amfbr-79	162	4	for	for	ADP
amfbr-79	162	5	the	the	DET
amfbr-79	162	6	extension	extension	NOUN
amfbr-79	162	7	is	be	AUX
amfbr-79	162	8	10	10	NUM
amfbr-79	162	9	%	%	NOUN
amfbr-79	162	10	.	.	PUNCT
amfbr-79	163	1	the	the	DET
amfbr-79	163	2	depreciation	depreciation	NOUN
amfbr-79	163	3	for	for	ADP
amfbr-79	163	4	the	the	DET
amfbr-79	163	5	extended	extend	VERB
amfbr-79	163	6	periods	period	NOUN
amfbr-79	163	7	is	be	AUX
amfbr-79	163	8	calculated	calculate	VERB
amfbr-79	163	9	in	in	ADP
amfbr-79	163	10	a	a	DET
amfbr-79	163	11	simplified	simplified	ADJ
amfbr-79	163	12	way	way	NOUN
amfbr-79	163	13	.	.	PUNCT
amfbr-79	164	1	the	the	DET
amfbr-79	164	2	depreciation	depreciation	NOUN
amfbr-79	164	3	of	of	ADP
amfbr-79	164	4	this	this	DET
amfbr-79	164	5	year	year	NOUN
amfbr-79	164	6	is	be	AUX
amfbr-79	164	7	equal	equal	ADJ
amfbr-79	164	8	to	to	ADP
amfbr-79	164	9	depreciation	depreciation	NOUN
amfbr-79	164	10	of	of	ADP
amfbr-79	164	11	the	the	DET
amfbr-79	164	12	previous	previous	ADJ
amfbr-79	164	13	year	year	NOUN
amfbr-79	164	14	plus	plus	CCONJ
amfbr-79	164	15	capital	capital	NOUN
amfbr-79	164	16	expenditure	expenditure	NOUN
amfbr-79	164	17	time	time	NOUN
amfbr-79	164	18	’s	’s	PART
amfbr-79	164	19	depreciation	depreciation	NOUN
amfbr-79	164	20	rate	rate	NOUN
amfbr-79	164	21	.	.	PUNCT
amfbr-79	165	1			PART
amfbr-79	166	1	interest	interest	NOUN
amfbr-79	166	2	expenses	expense	NOUN
amfbr-79	166	3	are	be	AUX
amfbr-79	166	4	negligible	negligible	ADJ
amfbr-79	166	5	for	for	SCONJ
amfbr-79	166	6	our	our	PRON
amfbr-79	166	7	firm	firm	NOUN
amfbr-79	166	8	and	and	CCONJ
amfbr-79	166	9	the	the	DET
amfbr-79	166	10	short	short	ADJ
amfbr-79	166	11	-	-	PUNCT
amfbr-79	166	12	term	term	NOUN
amfbr-79	166	13	notes	note	NOUN
amfbr-79	166	14	payable	payable	ADJ
amfbr-79	166	15	interest	interest	NOUN
amfbr-79	166	16	amount	amount	NOUN
amfbr-79	166	17	is	be	AUX
amfbr-79	166	18	not	not	PART
amfbr-79	166	19	considered	consider	VERB
amfbr-79	166	20	for	for	ADP
amfbr-79	166	21	the	the	DET
amfbr-79	166	22	valuation	valuation	NOUN
amfbr-79	166	23	model	model	PROPN
amfbr-79	166	24	.	.	PUNCT
amfbr-79	167	1			PART
amfbr-79	168	1	capital	capital	NOUN
amfbr-79	168	2	expenditures	expenditure	NOUN
amfbr-79	168	3	are	be	AUX
amfbr-79	168	4	assumed	assume	VERB
amfbr-79	168	5	to	to	PART
amfbr-79	168	6	be	be	AUX
amfbr-79	168	7	35000000	35000000	NUM
amfbr-79	168	8	tk	tk	NOUN
amfbr-79	168	9	for	for	ADP
amfbr-79	168	10	each	each	DET
amfbr-79	168	11	year	year	NOUN
amfbr-79	168	12	for	for	ADP
amfbr-79	168	13	the	the	DET
amfbr-79	168	14	extended	extend	VERB
amfbr-79	168	15	periods	period	NOUN
amfbr-79	168	16	as	as	SCONJ
amfbr-79	168	17	the	the	DET
amfbr-79	168	18	firm	firm	NOUN
amfbr-79	168	19	is	be	AUX
amfbr-79	168	20	trying	try	VERB
amfbr-79	168	21	to	to	PART
amfbr-79	168	22	expand	expand	VERB
amfbr-79	168	23	itself	itself	PRON
amfbr-79	168	24	.	.	PUNCT
amfbr-79	169	1			PART
amfbr-79	170	1	sales	sale	NOUN
amfbr-79	170	2	growth	growth	NOUN
amfbr-79	170	3	rate	rate	NOUN
amfbr-79	170	4	is	be	AUX
amfbr-79	170	5	calculated	calculate	VERB
amfbr-79	170	6	as	as	ADP
amfbr-79	170	7	the	the	DET
amfbr-79	170	8	average	average	NOUN
amfbr-79	170	9	of	of	ADP
amfbr-79	170	10	the	the	DET
amfbr-79	170	11	first	first	ADJ
amfbr-79	170	12	four	four	NUM
amfbr-79	170	13	changes	change	NOUN
amfbr-79	170	14	of	of	ADP
amfbr-79	170	15	historical	historical	ADJ
amfbr-79	170	16	sales	sale	NOUN
amfbr-79	170	17	figure	figure	NOUN
amfbr-79	170	18	.	.	PUNCT
amfbr-79	171	1			PART
amfbr-79	172	1	other	other	ADJ
amfbr-79	172	2	accounting	accounting	NOUN
amfbr-79	172	3	figures	figure	NOUN
amfbr-79	172	4	are	be	AUX
amfbr-79	172	5	also	also	ADV
amfbr-79	172	6	projected	project	VERB
amfbr-79	172	7	to	to	ADP
amfbr-79	172	8	the	the	DET
amfbr-79	172	9	extended	extend	VERB
amfbr-79	172	10	periods	period	NOUN
amfbr-79	172	11	by	by	ADP
amfbr-79	172	12	expressing	express	VERB
amfbr-79	172	13	themselves	themselves	PRON
amfbr-79	172	14	as	as	ADP
amfbr-79	172	15	percentage	percentage	NOUN
amfbr-79	172	16	of	of	ADP
amfbr-79	172	17	sales	sale	NOUN
amfbr-79	172	18	and	and	CCONJ
amfbr-79	172	19	then	then	ADV
amfbr-79	172	20	smoothing	smooth	VERB
amfbr-79	172	21	.	.	PUNCT
amfbr-79	173	1			PUNCT
amfbr-79	174	1	fcf	fcf	NOUN
amfbr-79	174	2	is	be	AUX
amfbr-79	174	3	defined	define	VERB
amfbr-79	174	4	as	as	ADP
amfbr-79	174	5	unlevered	unlevered	ADJ
amfbr-79	174	6	net	net	ADJ
amfbr-79	174	7	income	income	NOUN
amfbr-79	174	8	plus	plus	CCONJ
amfbr-79	174	9	depreciation	depreciation	NOUN
amfbr-79	174	10	plus	plus	CCONJ
amfbr-79	174	11	capital	capital	NOUN
amfbr-79	174	12	expenditures	expenditure	NOUN
amfbr-79	174	13	and	and	CCONJ
amfbr-79	174	14	changes	change	NOUN
amfbr-79	174	15	of	of	ADP
amfbr-79	174	16	nwc	nwc	PROPN
amfbr-79	174	17	.	.	PROPN
amfbr-79	174	18			PROPN
amfbr-79	174	19	cost	cost	NOUN
amfbr-79	174	20	of	of	ADP
amfbr-79	174	21	equity	equity	NOUN
amfbr-79	174	22	(	(	PUNCT
amfbr-79	174	23	part	part	NOUN
amfbr-79	174	24	of	of	ADP
amfbr-79	174	25	discount	discount	NOUN
amfbr-79	174	26	rate	rate	NOUN
amfbr-79	174	27	)	)	PUNCT
amfbr-79	174	28	is	be	AUX
amfbr-79	174	29	calculated	calculate	VERB
amfbr-79	174	30	with	with	ADP
amfbr-79	174	31	the	the	DET
amfbr-79	174	32	help	help	NOUN
amfbr-79	174	33	of	of	ADP
amfbr-79	174	34	sml	sml	PROPN
amfbr-79	174	35	model	model	NOUN
amfbr-79	174	36	.	.	PUNCT
amfbr-79	175	1	the	the	DET
amfbr-79	175	2	calculations	calculation	NOUN
amfbr-79	175	3	are	be	AUX
amfbr-79	175	4	done	do	VERB
amfbr-79	175	5	in	in	ADP
amfbr-79	175	6	latter	latter	ADJ
amfbr-79	175	7	parts	part	NOUN
amfbr-79	175	8	.	.	PUNCT
amfbr-79	176	1	the	the	DET
amfbr-79	176	2	model	model	NOUN
amfbr-79	176	3	is	be	AUX
amfbr-79	176	4	bisected	bisect	VERB
amfbr-79	176	5	and	and	CCONJ
amfbr-79	176	6	the	the	DET
amfbr-79	176	7	first	first	ADJ
amfbr-79	176	8	part	part	NOUN
amfbr-79	176	9	is	be	AUX
amfbr-79	176	10	just	just	ADV
amfbr-79	176	11	projection	projection	NOUN
amfbr-79	176	12	of	of	ADP
amfbr-79	176	13	historical	historical	ADJ
amfbr-79	176	14	accounting	accounting	NOUN
amfbr-79	176	15	figures	figure	NOUN
amfbr-79	176	16	and	and	CCONJ
amfbr-79	176	17	the	the	DET
amfbr-79	176	18	second	second	ADJ
amfbr-79	176	19	part	part	NOUN
amfbr-79	176	20	is	be	AUX
amfbr-79	176	21	just	just	ADV
amfbr-79	176	22	the	the	DET
amfbr-79	176	23	normalized	normalize	VERB
amfbr-79	176	24	value	value	NOUN
amfbr-79	176	25	of	of	ADP
amfbr-79	176	26	the	the	DET
amfbr-79	176	27	last	last	ADJ
amfbr-79	176	28	projected	project	VERB
amfbr-79	176	29	values	value	NOUN
amfbr-79	176	30	.	.	PUNCT
amfbr-79	177	1	the	the	DET
amfbr-79	177	2	sml	sml	PROPN
amfbr-79	177	3	model	model	NOUN
amfbr-79	177	4	comes	come	VERB
amfbr-79	177	5	up	up	ADP
amfbr-79	177	6	with	with	ADP
amfbr-79	177	7	the	the	DET
amfbr-79	177	8	individual	individual	ADJ
amfbr-79	177	9	rate	rate	NOUN
amfbr-79	177	10	of	of	ADP
amfbr-79	177	11	return	return	NOUN
amfbr-79	177	12	for	for	ADP
amfbr-79	177	13	a	a	DET
amfbr-79	177	14	certain	certain	ADJ
amfbr-79	177	15	security	security	NOUN
amfbr-79	177	16	,	,	PUNCT
amfbr-79	177	17	which	which	PRON
amfbr-79	177	18	can	can	AUX
amfbr-79	177	19	then	then	ADV
amfbr-79	177	20	be	be	AUX
amfbr-79	177	21	used	use	VERB
amfbr-79	177	22	as	as	ADP
amfbr-79	177	23	discount	discount	NOUN
amfbr-79	177	24	rate	rate	NOUN
amfbr-79	177	25	.	.	PUNCT
amfbr-79	178	1	the	the	DET
amfbr-79	178	2	market	market	NOUN
amfbr-79	178	3	rate	rate	NOUN
amfbr-79	178	4	of	of	ADP
amfbr-79	178	5	return	return	NOUN
amfbr-79	178	6	(	(	PUNCT
amfbr-79	178	7	dse	dse	PROPN
amfbr-79	178	8	20	20	NUM
amfbr-79	178	9	)	)	PUNCT
amfbr-79	178	10	is	be	AUX
amfbr-79	178	11	approximately	approximately	ADV
amfbr-79	178	12	26	26	NUM
amfbr-79	178	13	%	%	NOUN
amfbr-79	178	14	and	and	CCONJ
amfbr-79	178	15	b	b	PROPN
amfbr-79	178	16	of	of	ADP
amfbr-79	178	17	fu	fu	PROPN
amfbr-79	178	18	wang	wang	PROPN
amfbr-79	178	19	is	be	AUX
amfbr-79	178	20	0.48	0.48	NUM
amfbr-79	178	21	.	.	PUNCT
amfbr-79	179	1	the	the	DET
amfbr-79	179	2	t	t	PROPN
amfbr-79	179	3	-	-	PUNCT
amfbr-79	179	4	bill	bill	NOUN
amfbr-79	179	5	an	an	DET
amfbr-79	179	6	empirical	empirical	ADJ
amfbr-79	179	7	research	research	NOUN
amfbr-79	179	8	on	on	ADP
amfbr-79	179	9	fu	fu	PROPN
amfbr-79	179	10	-	-	PUNCT
amfbr-79	179	11	wang	wang	PROPN
amfbr-79	179	12	foods	foods	PROPN
amfbr-79	179	13	ltd	ltd	PROPN
amfbr-79	179	14	:	:	PUNCT
amfbr-79	179	15	industry	industry	NOUN
amfbr-79	179	16	,	,	PUNCT
amfbr-79	179	17	strategy	strategy	NOUN
amfbr-79	179	18	,	,	PUNCT
amfbr-79	179	19	accounting	accounting	NOUN
amfbr-79	179	20	,	,	PUNCT
amfbr-79	179	21	ratio	ratio	NOUN
amfbr-79	179	22	,	,	PUNCT
amfbr-79	179	23	valuation	valuation	NOUN
amfbr-79	179	24	and	and	CCONJ
amfbr-79	179	25	proforma	proforma	NOUN
amfbr-79	179	26	analysis	analysis	NOUN
amfbr-79	179	27	k.	k.	PROPN
amfbr-79	179	28	m.	m.	PROPN
amfbr-79	179	29	anwarul	anwarul	PROPN
amfbr-79	180	1	islam	islam	PROPN
amfbr-79	180	2	8	8	NUM
amfbr-79	180	3	rate	rate	NOUN
amfbr-79	180	4	of	of	ADP
amfbr-79	180	5	return	return	NOUN
amfbr-79	180	6	is	be	AUX
amfbr-79	180	7	7.85	7.85	NUM
amfbr-79	180	8	%	%	NOUN
amfbr-79	180	9	.	.	PUNCT
amfbr-79	181	1	so	so	ADV
amfbr-79	181	2	the	the	DET
amfbr-79	181	3	cost	cost	NOUN
amfbr-79	181	4	of	of	ADP
amfbr-79	181	5	equity	equity	NOUN
amfbr-79	181	6	is	be	AUX
amfbr-79	181	7	16.56	16.56	NUM
amfbr-79	181	8	%	%	NOUN
amfbr-79	181	9	.	.	PUNCT
amfbr-79	182	1	this	this	DET
amfbr-79	182	2	rate	rate	NOUN
amfbr-79	182	3	can	can	AUX
amfbr-79	182	4	be	be	AUX
amfbr-79	182	5	approximated	approximate	VERB
amfbr-79	182	6	as	as	ADP
amfbr-79	182	7	cost	cost	NOUN
amfbr-79	182	8	of	of	ADP
amfbr-79	182	9	capital	capital	NOUN
amfbr-79	182	10	because	because	SCONJ
amfbr-79	182	11	the	the	DET
amfbr-79	182	12	cost	cost	NOUN
amfbr-79	182	13	of	of	ADP
amfbr-79	182	14	debt	debt	NOUN
amfbr-79	182	15	(	(	PUNCT
amfbr-79	182	16	which	which	PRON
amfbr-79	182	17	is	be	AUX
amfbr-79	182	18	almost	almost	ADV
amfbr-79	182	19	10	10	NUM
amfbr-79	182	20	%	%	NOUN
amfbr-79	182	21	)	)	PUNCT
amfbr-79	182	22	has	have	VERB
amfbr-79	182	23	little	little	ADJ
amfbr-79	182	24	impact	impact	NOUN
amfbr-79	182	25	on	on	ADP
amfbr-79	182	26	the	the	DET
amfbr-79	182	27	total	total	ADJ
amfbr-79	182	28	capital	capital	NOUN
amfbr-79	182	29	invested	invest	VERB
amfbr-79	182	30	.	.	PUNCT
amfbr-79	183	1	but	but	CCONJ
amfbr-79	183	2	due	due	ADP
amfbr-79	183	3	to	to	ADP
amfbr-79	183	4	rising	rise	VERB
amfbr-79	183	5	inflation	inflation	NOUN
amfbr-79	183	6	,	,	PUNCT
amfbr-79	183	7	this	this	DET
amfbr-79	183	8	wacc	wacc	NOUN
amfbr-79	183	9	might	might	AUX
amfbr-79	183	10	tend	tend	VERB
amfbr-79	183	11	to	to	PART
amfbr-79	183	12	overestimate	overestimate	VERB
amfbr-79	183	13	the	the	DET
amfbr-79	183	14	value	value	NOUN
amfbr-79	183	15	of	of	ADP
amfbr-79	183	16	the	the	DET
amfbr-79	183	17	firm	firm	NOUN
amfbr-79	183	18	.	.	PUNCT
amfbr-79	184	1	so	so	ADV
amfbr-79	184	2	,	,	PUNCT
amfbr-79	184	3	the	the	DET
amfbr-79	184	4	appropriate	appropriate	ADJ
amfbr-79	184	5	discount	discount	NOUN
amfbr-79	184	6	rate	rate	NOUN
amfbr-79	184	7	must	must	AUX
amfbr-79	184	8	be	be	AUX
amfbr-79	184	9	more	more	ADJ
amfbr-79	184	10	than	than	ADP
amfbr-79	184	11	16.56	16.56	NUM
amfbr-79	184	12	%	%	NOUN
amfbr-79	184	13	and	and	CCONJ
amfbr-79	184	14	should	should	AUX
amfbr-79	184	15	be	be	AUX
amfbr-79	184	16	in	in	ADP
amfbr-79	184	17	the	the	DET
amfbr-79	184	18	range	range	NOUN
amfbr-79	184	19	between	between	ADP
amfbr-79	184	20	22	22	NUM
amfbr-79	184	21	%	%	NOUN
amfbr-79	184	22	and	and	CCONJ
amfbr-79	184	23	25	25	NUM
amfbr-79	184	24	%	%	NOUN
amfbr-79	184	25	as	as	SCONJ
amfbr-79	184	26	inflation	inflation	NOUN
amfbr-79	184	27	is	be	AUX
amfbr-79	184	28	almost	almost	ADV
amfbr-79	184	29	8	8	NUM
amfbr-79	184	30	to	to	PART
amfbr-79	184	31	9	9	NUM
amfbr-79	184	32	%	%	NOUN
amfbr-79	184	33	.	.	PUNCT
amfbr-79	185	1	we	we	PRON
amfbr-79	185	2	took	take	VERB
amfbr-79	185	3	wacc	wacc	PROPN
amfbr-79	185	4	as	as	ADP
amfbr-79	185	5	23.5	23.5	NUM
amfbr-79	185	6	%	%	NOUN
amfbr-79	185	7	,	,	PUNCT
amfbr-79	185	8	to	to	PART
amfbr-79	185	9	be	be	AUX
amfbr-79	185	10	conservative	conservative	ADJ
amfbr-79	185	11	.	.	PUNCT
amfbr-79	186	1	the	the	DET
amfbr-79	186	2	projected	project	VERB
amfbr-79	186	3	figures	figure	NOUN
amfbr-79	186	4	for	for	ADP
amfbr-79	186	5	2017	2017	NUM
amfbr-79	186	6	-	-	SYM
amfbr-79	186	7	18	18	NUM
amfbr-79	186	8	to	to	ADP
amfbr-79	186	9	2021	2021	NUM
amfbr-79	186	10	-	-	SYM
amfbr-79	186	11	22	22	NUM
amfbr-79	186	12	are	be	AUX
amfbr-79	186	13	discounted	discount	VERB
amfbr-79	186	14	at	at	ADP
amfbr-79	186	15	23.5	23.5	NUM
amfbr-79	186	16	%	%	NOUN
amfbr-79	186	17	and	and	CCONJ
amfbr-79	186	18	the	the	DET
amfbr-79	186	19	2021	2021	NUM
amfbr-79	186	20	-	-	SYM
amfbr-79	186	21	22	22	NUM
amfbr-79	186	22	figures	figure	NOUN
amfbr-79	186	23	is	be	AUX
amfbr-79	186	24	further	far	ADV
amfbr-79	186	25	projected	project	VERB
amfbr-79	186	26	at	at	ADP
amfbr-79	186	27	0.5	0.5	NUM
amfbr-79	186	28	%	%	NOUN
amfbr-79	186	29	growth	growth	NOUN
amfbr-79	186	30	rate	rate	NOUN
amfbr-79	186	31	and	and	CCONJ
amfbr-79	186	32	discounted	discount	VERB
amfbr-79	186	33	to	to	PART
amfbr-79	186	34	get	get	VERB
amfbr-79	186	35	the	the	DET
amfbr-79	186	36	value	value	NOUN
amfbr-79	186	37	of	of	ADP
amfbr-79	186	38	711,685,097	711,685,097	NUM
amfbr-79	186	39	tk	tk	PROPN
amfbr-79	186	40	.	.	PROPN
amfbr-79	186	41	from	from	ADP
amfbr-79	186	42	this	this	DET
amfbr-79	186	43	value	value	NOUN
amfbr-79	186	44	cash	cash	NOUN
amfbr-79	186	45	balance	balance	NOUN
amfbr-79	186	46	and	and	CCONJ
amfbr-79	186	47	short	short	ADJ
amfbr-79	186	48	term	term	NOUN
amfbr-79	186	49	interest	interest	NOUN
amfbr-79	186	50	debt	debt	NOUN
amfbr-79	186	51	are	be	AUX
amfbr-79	186	52	deducted	deduct	VERB
amfbr-79	186	53	to	to	PART
amfbr-79	186	54	get	get	VERB
amfbr-79	186	55	the	the	DET
amfbr-79	186	56	equity	equity	NOUN
amfbr-79	186	57	value	value	NOUN
amfbr-79	186	58	.	.	PUNCT
amfbr-79	187	1	equity	equity	NOUN
amfbr-79	187	2	value	value	NOUN
amfbr-79	187	3	is	be	AUX
amfbr-79	187	4	then	then	ADV
amfbr-79	187	5	divided	divide	VERB
amfbr-79	187	6	by	by	ADP
amfbr-79	187	7	shares	share	NOUN
amfbr-79	187	8	outstanding	outstanding	ADJ
amfbr-79	187	9	(	(	PUNCT
amfbr-79	187	10	18000000	18000000	NUM
amfbr-79	187	11	)	)	PUNCT
amfbr-79	187	12	which	which	PRON
amfbr-79	187	13	yields	yield	VERB
amfbr-79	187	14	36.34	36.34	NUM
amfbr-79	187	15	tk	tk	PROPN
amfbr-79	187	16	.	.	PROPN
amfbr-79	187	17	along	along	ADP
amfbr-79	187	18	with	with	ADP
amfbr-79	187	19	the	the	DET
amfbr-79	187	20	valuation	valuation	NOUN
amfbr-79	187	21	model	model	NOUN
amfbr-79	187	22	,	,	PUNCT
amfbr-79	187	23	there	there	PRON
amfbr-79	187	24	are	be	VERB
amfbr-79	187	25	sensitivity	sensitivity	NOUN
amfbr-79	187	26	analysis	analysis	NOUN
amfbr-79	187	27	and	and	CCONJ
amfbr-79	187	28	scenario	scenario	NOUN
amfbr-79	187	29	analysis	analysis	NOUN
amfbr-79	187	30	.	.	PUNCT
amfbr-79	188	1	the	the	DET
amfbr-79	188	2	sensitivity	sensitivity	NOUN
amfbr-79	188	3	analysis	analysis	NOUN
amfbr-79	188	4	allows	allow	VERB
amfbr-79	188	5	altering	alter	VERB
amfbr-79	188	6	two	two	NUM
amfbr-79	188	7	variables	variable	NOUN
amfbr-79	188	8	to	to	PART
amfbr-79	188	9	see	see	VERB
amfbr-79	188	10	what	what	PRON
amfbr-79	188	11	the	the	DET
amfbr-79	188	12	change	change	NOUN
amfbr-79	188	13	of	of	ADP
amfbr-79	188	14	dependent	dependent	ADJ
amfbr-79	188	15	variable	variable	NOUN
amfbr-79	188	16	is	be	AUX
amfbr-79	188	17	in	in	ADP
amfbr-79	188	18	this	this	DET
amfbr-79	188	19	case	case	NOUN
amfbr-79	188	20	the	the	DET
amfbr-79	188	21	stock	stock	NOUN
amfbr-79	188	22	price	price	NOUN
amfbr-79	188	23	.	.	PUNCT
amfbr-79	189	1	also	also	ADV
amfbr-79	189	2	the	the	DET
amfbr-79	189	3	scenario	scenario	NOUN
amfbr-79	189	4	analysis	analysis	NOUN
amfbr-79	189	5	allows	allow	VERB
amfbr-79	189	6	changing	change	VERB
amfbr-79	189	7	more	more	ADJ
amfbr-79	189	8	than	than	ADP
amfbr-79	189	9	two	two	NUM
amfbr-79	189	10	variables	variable	NOUN
amfbr-79	189	11	and	and	CCONJ
amfbr-79	189	12	see	see	VERB
amfbr-79	189	13	what	what	PRON
amfbr-79	189	14	the	the	DET
amfbr-79	189	15	change	change	NOUN
amfbr-79	189	16	of	of	ADP
amfbr-79	189	17	stock	stock	NOUN
amfbr-79	189	18	price	price	NOUN
amfbr-79	189	19	is	be	AUX
amfbr-79	189	20	.	.	PUNCT
amfbr-79	190	1	from	from	ADP
amfbr-79	190	2	the	the	DET
amfbr-79	190	3	sensitivity	sensitivity	NOUN
amfbr-79	190	4	analysis	analysis	NOUN
amfbr-79	190	5	,	,	PUNCT
amfbr-79	190	6	we	we	PRON
amfbr-79	190	7	can	can	AUX
amfbr-79	190	8	see	see	VERB
amfbr-79	190	9	the	the	DET
amfbr-79	190	10	change	change	NOUN
amfbr-79	190	11	of	of	ADP
amfbr-79	190	12	stock	stock	NOUN
amfbr-79	190	13	price	price	NOUN
amfbr-79	190	14	due	due	ADP
amfbr-79	190	15	to	to	ADP
amfbr-79	190	16	changes	change	NOUN
amfbr-79	190	17	of	of	ADP
amfbr-79	190	18	discount	discount	NOUN
amfbr-79	190	19	rate	rate	NOUN
amfbr-79	190	20	and	and	CCONJ
amfbr-79	190	21	sales	sale	NOUN
amfbr-79	190	22	growth	growth	NOUN
amfbr-79	190	23	.	.	PUNCT
amfbr-79	191	1	for	for	ADP
amfbr-79	191	2	example	example	NOUN
amfbr-79	191	3	,	,	PUNCT
amfbr-79	191	4	when	when	SCONJ
amfbr-79	191	5	discount	discount	NOUN
amfbr-79	191	6	rate	rate	NOUN
amfbr-79	191	7	is	be	AUX
amfbr-79	191	8	19	19	NUM
amfbr-79	191	9	%	%	NOUN
amfbr-79	191	10	and	and	CCONJ
amfbr-79	191	11	sales	sale	NOUN
amfbr-79	191	12	growth	growth	NOUN
amfbr-79	191	13	rate	rate	NOUN
amfbr-79	191	14	is	be	AUX
amfbr-79	191	15	16	16	NUM
amfbr-79	191	16	%	%	NOUN
amfbr-79	191	17	then	then	ADV
amfbr-79	191	18	stock	stock	NOUN
amfbr-79	191	19	price	price	NOUN
amfbr-79	191	20	is	be	AUX
amfbr-79	191	21	58.56tk	58.56tk	NUM
amfbr-79	191	22	.	.	PUNCT
amfbr-79	192	1	similarly	similarly	ADV
amfbr-79	192	2	,	,	PUNCT
amfbr-79	192	3	scenario	scenario	NOUN
amfbr-79	192	4	analysis	analysis	NOUN
amfbr-79	192	5	shows	show	VERB
amfbr-79	192	6	the	the	DET
amfbr-79	192	7	change	change	NOUN
amfbr-79	192	8	of	of	ADP
amfbr-79	192	9	stock	stock	NOUN
amfbr-79	192	10	price	price	NOUN
amfbr-79	192	11	for	for	ADP
amfbr-79	192	12	various	various	ADJ
amfbr-79	192	13	values	value	NOUN
amfbr-79	192	14	of	of	ADP
amfbr-79	192	15	discount	discount	NOUN
amfbr-79	192	16	rate	rate	NOUN
amfbr-79	192	17	,	,	PUNCT
amfbr-79	192	18	sales	sale	NOUN
amfbr-79	192	19	growth	growth	NOUN
amfbr-79	192	20	rate	rate	NOUN
amfbr-79	192	21	as	as	ADV
amfbr-79	192	22	well	well	ADV
amfbr-79	192	23	as	as	ADP
amfbr-79	192	24	tax	tax	NOUN
amfbr-79	192	25	rate	rate	NOUN
amfbr-79	192	26	.	.	PUNCT
amfbr-79	193	1	for	for	ADP
amfbr-79	193	2	each	each	PRON
amfbr-79	193	3	of	of	ADP
amfbr-79	193	4	the	the	DET
amfbr-79	193	5	three	three	NUM
amfbr-79	193	6	scenario	scenario	NOUN
amfbr-79	193	7	’s	’s	PART
amfbr-79	193	8	(	(	PUNCT
amfbr-79	193	9	base	base	NOUN
amfbr-79	193	10	,	,	PUNCT
amfbr-79	193	11	better	well	ADJ
amfbr-79	193	12	,	,	PUNCT
amfbr-79	193	13	worse	bad	ADJ
amfbr-79	193	14	)	)	PUNCT
amfbr-79	193	15	respective	respective	ADJ
amfbr-79	193	16	values	value	NOUN
amfbr-79	193	17	,	,	PUNCT
amfbr-79	193	18	the	the	DET
amfbr-79	193	19	stock	stock	NOUN
amfbr-79	193	20	prices	price	NOUN
amfbr-79	193	21	are	be	AUX
amfbr-79	193	22	about	about	ADV
amfbr-79	193	23	36.34	36.34	NUM
amfbr-79	193	24	tk	tk	PROPN
amfbr-79	193	25	,	,	PUNCT
amfbr-79	193	26	153.07tk	153.07tk	NUM
amfbr-79	193	27	,	,	PUNCT
amfbr-79	193	28	and	and	CCONJ
amfbr-79	193	29	20.14tk	20.14tk	NUM
amfbr-79	193	30	respectively	respectively	ADV
amfbr-79	193	31	.	.	PUNCT
amfbr-79	194	1	discount	discount	NOUN
amfbr-79	194	2	rate	rate	NOUN
amfbr-79	194	3	.235	.235	NUM
amfbr-79	194	4	.235	.235	NUM
amfbr-79	194	5	0.15	0.15	NUM
amfbr-79	194	6	0.26	0.26	NUM
amfbr-79	194	7	sale	sale	NOUN
amfbr-79	194	8	growth	growth	NOUN
amfbr-79	194	9	.21	.21	NUM
amfbr-79	194	10	.21	.21	NUM
amfbr-79	194	11	.25	.25	NUM
amfbr-79	194	12	.12	.12	NUM
amfbr-79	194	13	terminal	terminal	ADJ
amfbr-79	194	14	growth	growth	NOUN
amfbr-79	194	15	.005	.005	NUM
amfbr-79	194	16	.005	.005	NUM
amfbr-79	194	17	.030	.030	NUM
amfbr-79	194	18	.001	.001	NUM
amfbr-79	194	19	intrinsic	intrinsic	ADJ
amfbr-79	194	20	value	value	NOUN
amfbr-79	194	21	36.34	36.34	NUM
amfbr-79	194	22	36.84	36.84	NUM
amfbr-79	194	23	153.07	153.07	NUM
amfbr-79	194	24	20.14	20.14	NUM
amfbr-79	194	25	from	from	ADP
amfbr-79	194	26	our	our	PRON
amfbr-79	194	27	estimation	estimation	NOUN
amfbr-79	194	28	can	can	AUX
amfbr-79	194	29	we	we	PRON
amfbr-79	194	30	necessarily	necessarily	ADV
amfbr-79	194	31	infer	infer	VERB
amfbr-79	194	32	that	that	SCONJ
amfbr-79	194	33	the	the	DET
amfbr-79	194	34	stock	stock	NOUN
amfbr-79	194	35	price	price	NOUN
amfbr-79	194	36	is	be	AUX
amfbr-79	194	37	in	in	ADP
amfbr-79	194	38	the	the	DET
amfbr-79	194	39	vicinity	vicinity	NOUN
amfbr-79	194	40	of	of	ADP
amfbr-79	194	41	36.34	36.34	NUM
amfbr-79	194	42	tk	tk	PROPN
amfbr-79	194	43	?	?	PUNCT
amfbr-79	195	1	the	the	DET
amfbr-79	195	2	answer	answer	NOUN
amfbr-79	195	3	is	be	AUX
amfbr-79	195	4	:	:	PUNCT
amfbr-79	195	5	we	we	PRON
amfbr-79	195	6	do	do	AUX
amfbr-79	195	7	n’t	not	PART
amfbr-79	195	8	know	know	VERB
amfbr-79	195	9	it	it	PRON
amfbr-79	195	10	exactly	exactly	ADV
amfbr-79	195	11	.	.	PUNCT
amfbr-79	196	1	however	however	ADV
amfbr-79	196	2	,	,	PUNCT
amfbr-79	196	3	the	the	DET
amfbr-79	196	4	result	result	NOUN
amfbr-79	196	5	tries	try	VERB
amfbr-79	196	6	to	to	PART
amfbr-79	196	7	represent	represent	VERB
amfbr-79	196	8	the	the	DET
amfbr-79	196	9	intrinsic	intrinsic	ADJ
amfbr-79	196	10	value	value	NOUN
amfbr-79	196	11	of	of	ADP
amfbr-79	196	12	the	the	DET
amfbr-79	196	13	firm	firm	NOUN
amfbr-79	196	14	.	.	PUNCT
amfbr-79	197	1	there	there	PRON
amfbr-79	197	2	are	be	VERB
amfbr-79	197	3	so	so	ADV
amfbr-79	197	4	many	many	ADJ
amfbr-79	197	5	assumptions	assumption	NOUN
amfbr-79	197	6	(	(	PUNCT
amfbr-79	197	7	wacc	wacc	PROPN
amfbr-79	197	8	rate	rate	NOUN
amfbr-79	197	9	,	,	PUNCT
amfbr-79	197	10	sales	sale	NOUN
amfbr-79	197	11	growth	growth	NOUN
amfbr-79	197	12	rate	rate	NOUN
amfbr-79	197	13	,	,	PUNCT
amfbr-79	197	14	and	and	CCONJ
amfbr-79	197	15	depreciation	depreciation	NOUN
amfbr-79	197	16	rate	rate	NOUN
amfbr-79	197	17	)	)	PUNCT
amfbr-79	197	18	,	,	PUNCT
amfbr-79	197	19	so	so	ADV
amfbr-79	197	20	many	many	ADJ
amfbr-79	197	21	unknown	unknown	ADJ
amfbr-79	197	22	factors	factor	NOUN
amfbr-79	197	23	(	(	PUNCT
amfbr-79	197	24	management	management	NOUN
amfbr-79	197	25	decisions	decision	NOUN
amfbr-79	197	26	about	about	ADP
amfbr-79	197	27	future	future	ADJ
amfbr-79	197	28	capital	capital	NOUN
amfbr-79	197	29	expenditure	expenditure	NOUN
amfbr-79	197	30	and	and	CCONJ
amfbr-79	197	31	capital	capital	NOUN
amfbr-79	197	32	restructuring	restructuring	NOUN
amfbr-79	197	33	)	)	PUNCT
amfbr-79	197	34	and	and	CCONJ
amfbr-79	197	35	so	so	ADV
amfbr-79	197	36	much	much	ADJ
amfbr-79	197	37	systematic	systematic	ADJ
amfbr-79	197	38	risks	risk	NOUN
amfbr-79	197	39	(	(	PUNCT
amfbr-79	197	40	economic	economic	ADJ
amfbr-79	197	41	recession	recession	NOUN
amfbr-79	197	42	,	,	PUNCT
amfbr-79	197	43	inflation	inflation	NOUN
amfbr-79	197	44	,	,	PUNCT
amfbr-79	197	45	natural	natural	ADJ
amfbr-79	197	46	calamities	calamity	NOUN
amfbr-79	197	47	etc	etc	X
amfbr-79	197	48	)	)	PUNCT
amfbr-79	197	49	,	,	PUNCT
amfbr-79	197	50	that	that	SCONJ
amfbr-79	197	51	the	the	DET
amfbr-79	197	52	resulted	resulted	ADJ
amfbr-79	197	53	number	number	NOUN
amfbr-79	197	54	is	be	AUX
amfbr-79	197	55	nothing	nothing	PRON
amfbr-79	197	56	but	but	SCONJ
amfbr-79	197	57	a	a	DET
amfbr-79	197	58	ballpark	ballpark	ADJ
amfbr-79	197	59	number	number	NOUN
amfbr-79	197	60	.	.	PUNCT
amfbr-79	198	1	is	be	AUX
amfbr-79	198	2	the	the	DET
amfbr-79	198	3	stock	stock	NOUN
amfbr-79	198	4	underpriced	underprice	VERB
amfbr-79	198	5	?	?	PUNCT
amfbr-79	199	1	not	not	PART
amfbr-79	199	2	necessarily	necessarily	ADV
amfbr-79	199	3	.	.	PUNCT
amfbr-79	200	1	one	one	PRON
amfbr-79	200	2	may	may	AUX
amfbr-79	200	3	raise	raise	VERB
amfbr-79	200	4	his	his	PRON
amfbr-79	200	5	eyebrow	eyebrow	NOUN
amfbr-79	200	6	when	when	SCONJ
amfbr-79	200	7	it	it	PRON
amfbr-79	200	8	comes	come	VERB
amfbr-79	200	9	to	to	ADP
amfbr-79	200	10	his	his	PRON
amfbr-79	200	11	notice	notice	NOUN
amfbr-79	200	12	that	that	SCONJ
amfbr-79	200	13	our	our	PRON
amfbr-79	200	14	intrinsic	intrinsic	ADJ
amfbr-79	200	15	value	value	NOUN
amfbr-79	200	16	is	be	AUX
amfbr-79	200	17	in	in	ADP
amfbr-79	200	18	the	the	DET
amfbr-79	200	19	range	range	NOUN
amfbr-79	200	20	of	of	ADP
amfbr-79	200	21	forty	forty	NUM
amfbr-79	200	22	taka	taka	NOUN
amfbr-79	200	23	per	per	ADP
amfbr-79	200	24	stock	stock	NOUN
amfbr-79	200	25	.	.	PUNCT
amfbr-79	201	1	two	two	NUM
amfbr-79	201	2	factors	factor	NOUN
amfbr-79	201	3	,	,	PUNCT
amfbr-79	201	4	we	we	PRON
amfbr-79	201	5	think	think	VERB
amfbr-79	201	6	,	,	PUNCT
amfbr-79	201	7	contributed	contribute	VERB
amfbr-79	201	8	this	this	PRON
amfbr-79	201	9	.	.	PUNCT
amfbr-79	202	1	they	they	PRON
amfbr-79	202	2	are	be	AUX
amfbr-79	202	3	:	:	PUNCT
amfbr-79	202	4	sales	sale	NOUN
amfbr-79	202	5	growth	growth	NOUN
amfbr-79	202	6	rate	rate	NOUN
amfbr-79	202	7	and	and	CCONJ
amfbr-79	202	8	discount	discount	NOUN
amfbr-79	202	9	rate	rate	NOUN
amfbr-79	202	10	.	.	PUNCT
amfbr-79	203	1	firstly	firstly	ADV
amfbr-79	203	2	,	,	PUNCT
amfbr-79	203	3	sales	sale	NOUN
amfbr-79	203	4	growth	growth	NOUN
amfbr-79	203	5	is	be	AUX
amfbr-79	203	6	very	very	ADV
amfbr-79	203	7	vulnerable	vulnerable	ADJ
amfbr-79	203	8	year	year	NOUN
amfbr-79	203	9	to	to	ADP
amfbr-79	203	10	year	year	NOUN
amfbr-79	203	11	and	and	CCONJ
amfbr-79	203	12	is	be	AUX
amfbr-79	203	13	probably	probably	ADV
amfbr-79	203	14	overestimated	overestimate	VERB
amfbr-79	203	15	.	.	PUNCT
amfbr-79	204	1	we	we	PRON
amfbr-79	204	2	used	use	VERB
amfbr-79	204	3	the	the	DET
amfbr-79	204	4	am	am	NOUN
amfbr-79	204	5	of	of	ADP
amfbr-79	204	6	the	the	DET
amfbr-79	204	7	sales	sale	NOUN
amfbr-79	204	8	growth	growth	NOUN
amfbr-79	204	9	rate	rate	NOUN
amfbr-79	204	10	for	for	ADP
amfbr-79	204	11	future	future	ADJ
amfbr-79	204	12	approximation	approximation	NOUN
amfbr-79	204	13	because	because	SCONJ
amfbr-79	204	14	gm	gm	PROPN
amfbr-79	204	15	is	be	AUX
amfbr-79	204	16	biased	bias	VERB
amfbr-79	204	17	of	of	ADP
amfbr-79	204	18	negative	negative	ADJ
amfbr-79	204	19	values	value	NOUN
amfbr-79	204	20	(	(	PUNCT
amfbr-79	204	21	two	two	NUM
amfbr-79	204	22	of	of	ADP
amfbr-79	204	23	the	the	DET
amfbr-79	204	24	four	four	NUM
amfbr-79	204	25	rates	rate	NOUN
amfbr-79	204	26	are	be	AUX
amfbr-79	204	27	negative	negative	ADJ
amfbr-79	204	28	)	)	PUNCT
amfbr-79	204	29	.	.	PUNCT
amfbr-79	205	1	another	another	DET
amfbr-79	205	2	gm	gm	PROPN
amfbr-79	205	3	formula	formula	NOUN
amfbr-79	205	4	could	could	AUX
amfbr-79	205	5	be	be	AUX
amfbr-79	205	6	used	use	VERB
amfbr-79	205	7	:	:	PUNCT
amfbr-79	205	8	gm=	gm=	PROPN
amfbr-79	205	9	[	[	X
amfbr-79	205	10	{	{	PUNCT
amfbr-79	205	11	(	(	PUNCT
amfbr-79	205	12	.7)*(2.07)*(1.11)*(.94)}^(1/4)]-1=.11	.7)*(2.07)*(1.11)*(.94)}^(1/4)]-1=.11	VERB
amfbr-79	205	13	funnily	funnily	ADV
amfbr-79	205	14	,	,	PUNCT
amfbr-79	205	15	this	this	DET
amfbr-79	205	16	gm	gm	PROPN
amfbr-79	205	17	formula	formula	NOUN
amfbr-79	205	18	tends	tend	VERB
amfbr-79	205	19	to	to	PART
amfbr-79	205	20	neutralize	neutralize	VERB
amfbr-79	205	21	the	the	DET
amfbr-79	205	22	negative	negative	ADJ
amfbr-79	205	23	values	value	NOUN
amfbr-79	205	24	.	.	PUNCT
amfbr-79	206	1	so	so	ADV
amfbr-79	206	2	,	,	PUNCT
amfbr-79	206	3	our	our	PRON
amfbr-79	206	4	initial	initial	ADJ
amfbr-79	206	5	guts	gut	NOUN
amfbr-79	206	6	proved	prove	VERB
amfbr-79	206	7	right	right	ADJ
amfbr-79	206	8	that	that	SCONJ
amfbr-79	206	9	growth	growth	NOUN
amfbr-79	206	10	rate	rate	NOUN
amfbr-79	206	11	is	be	AUX
amfbr-79	206	12	a	a	DET
amfbr-79	206	13	bit	bit	NOUN
amfbr-79	206	14	overestimated	overestimated	ADJ
amfbr-79	206	15	.	.	PUNCT
amfbr-79	207	1	another	another	DET
amfbr-79	207	2	reason	reason	NOUN
amfbr-79	207	3	for	for	ADP
amfbr-79	207	4	discrepancy	discrepancy	NOUN
amfbr-79	207	5	is	be	AUX
amfbr-79	207	6	inflation	inflation	NOUN
amfbr-79	207	7	.	.	PUNCT
amfbr-79	208	1	bangladesh	bangladesh	PROPN
amfbr-79	208	2	is	be	AUX
amfbr-79	208	3	experiencing	experience	VERB
amfbr-79	208	4	inflationary	inflationary	ADJ
amfbr-79	208	5	problem	problem	NOUN
amfbr-79	208	6	for	for	ADP
amfbr-79	208	7	some	some	DET
amfbr-79	208	8	years	year	NOUN
amfbr-79	208	9	and	and	CCONJ
amfbr-79	208	10	the	the	DET
amfbr-79	208	11	rate	rate	NOUN
amfbr-79	208	12	is	be	AUX
amfbr-79	208	13	6	6	NUM
amfbr-79	208	14	to	to	PART
amfbr-79	208	15	8	8	NUM
amfbr-79	208	16	%	%	NOUN
amfbr-79	208	17	for	for	ADP
amfbr-79	208	18	almost	almost	ADV
amfbr-79	208	19	all	all	DET
amfbr-79	208	20	the	the	DET
amfbr-79	208	21	years	year	NOUN
amfbr-79	208	22	.	.	PUNCT
amfbr-79	209	1	certainly	certainly	ADV
amfbr-79	209	2	,	,	PUNCT
amfbr-79	209	3	the	the	DET
amfbr-79	209	4	firm	firm	NOUN
amfbr-79	209	5	will	will	AUX
amfbr-79	209	6	look	look	VERB
amfbr-79	209	7	forward	forward	ADV
amfbr-79	209	8	to	to	ADP
amfbr-79	209	9	increasing	increase	VERB
amfbr-79	209	10	the	the	DET
amfbr-79	209	11	sales	sale	NOUN
amfbr-79	209	12	price	price	NOUN
amfbr-79	209	13	which	which	PRON
amfbr-79	209	14	is	be	AUX
amfbr-79	209	15	reflected	reflect	VERB
amfbr-79	209	16	on	on	ADP
amfbr-79	209	17	future	future	ADJ
amfbr-79	209	18	revenues	revenue	NOUN
amfbr-79	209	19	but	but	CCONJ
amfbr-79	209	20	the	the	DET
amfbr-79	209	21	fly	fly	NOUN
amfbr-79	209	22	in	in	ADP
amfbr-79	209	23	the	the	DET
amfbr-79	209	24	ointment	ointment	NOUN
amfbr-79	209	25	is	be	AUX
amfbr-79	209	26	that	that	SCONJ
amfbr-79	209	27	cashflows	cashflow	NOUN
amfbr-79	209	28	are	be	AUX
amfbr-79	209	29	not	not	PART
amfbr-79	209	30	adjusted	adjust	VERB
amfbr-79	209	31	to	to	ADP
amfbr-79	209	32	inflation	inflation	NOUN
amfbr-79	209	33	properly	properly	ADV
amfbr-79	209	34	or	or	CCONJ
amfbr-79	209	35	partially	partially	ADV
amfbr-79	209	36	.	.	PUNCT
amfbr-79	210	1	hence	hence	ADV
amfbr-79	210	2	,	,	PUNCT
amfbr-79	210	3	we	we	PRON
amfbr-79	210	4	think	think	VERB
amfbr-79	210	5	the	the	DET
amfbr-79	210	6	stock	stock	NOUN
amfbr-79	210	7	price	price	NOUN
amfbr-79	210	8	of	of	ADP
amfbr-79	210	9	the	the	DET
amfbr-79	210	10	firm	firm	ADJ
amfbr-79	210	11	hovers	hover	VERB
amfbr-79	210	12	around	around	ADP
amfbr-79	210	13	the	the	DET
amfbr-79	210	14	initial	initial	ADJ
amfbr-79	210	15	twodigit	twodigit	ADJ
amfbr-79	210	16	figures	figure	NOUN
amfbr-79	210	17	.	.	PUNCT
amfbr-79	211	1	an	an	DET
amfbr-79	211	2	empirical	empirical	ADJ
amfbr-79	211	3	research	research	NOUN
amfbr-79	211	4	on	on	ADP
amfbr-79	211	5	fu	fu	PROPN
amfbr-79	211	6	-	-	PUNCT
amfbr-79	211	7	wang	wang	PROPN
amfbr-79	211	8	foods	foods	PROPN
amfbr-79	211	9	ltd	ltd	PROPN
amfbr-79	211	10	:	:	PUNCT
amfbr-79	211	11	industry	industry	NOUN
amfbr-79	211	12	,	,	PUNCT
amfbr-79	211	13	strategy	strategy	NOUN
amfbr-79	211	14	,	,	PUNCT
amfbr-79	211	15	accounting	accounting	NOUN
amfbr-79	211	16	,	,	PUNCT
amfbr-79	211	17	ratio	ratio	NOUN
amfbr-79	211	18	,	,	PUNCT
amfbr-79	211	19	valuation	valuation	NOUN
amfbr-79	211	20	and	and	CCONJ
amfbr-79	211	21	proforma	proforma	NOUN
amfbr-79	211	22	analysis	analysis	NOUN
amfbr-79	211	23	k.	k.	PROPN
amfbr-79	211	24	m.	m.	PROPN
amfbr-79	211	25	anwarul	anwarul	PROPN
amfbr-79	212	1	islam	islam	PROPN
amfbr-79	212	2	9	9	NUM
amfbr-79	212	3	2.6	2.6	NUM
amfbr-79	212	4	proforma	proforma	NOUN
amfbr-79	212	5	analysis	analysis	NOUN
amfbr-79	212	6	for	for	ADP
amfbr-79	212	7	preparing	prepare	VERB
amfbr-79	212	8	the	the	DET
amfbr-79	212	9	proforma	proforma	ADJ
amfbr-79	212	10	statement	statement	NOUN
amfbr-79	212	11	of	of	ADP
amfbr-79	212	12	fu	fu	PROPN
amfbr-79	212	13	-	-	PUNCT
amfbr-79	212	14	wang	wang	PROPN
amfbr-79	212	15	foods	foods	PROPN
amfbr-79	212	16	ltd	ltd	PROPN
amfbr-79	212	17	.	.	PUNCT
amfbr-79	213	1	we	we	PRON
amfbr-79	213	2	have	have	AUX
amfbr-79	213	3	prepared	prepare	VERB
amfbr-79	213	4	the	the	DET
amfbr-79	213	5	following	following	ADJ
amfbr-79	213	6	statements	statement	NOUN
amfbr-79	213	7	:	:	PUNCT
amfbr-79	213	8			X
amfbr-79	213	9	income	income	NOUN
amfbr-79	213	10	statements	statement	NOUN
amfbr-79	213	11			PART
amfbr-79	213	12	balance	balance	NOUN
amfbr-79	213	13	sheets	sheet	NOUN
amfbr-79	213	14			PART
amfbr-79	213	15	cash	cash	NOUN
amfbr-79	213	16	flow	flow	NOUN
amfbr-79	213	17	statements	statement	NOUN
amfbr-79	213	18	2.6.1	2.6.1	NUM
amfbr-79	213	19	method	method	NOUN
amfbr-79	213	20	from	from	ADP
amfbr-79	213	21	the	the	DET
amfbr-79	213	22	past	past	ADJ
amfbr-79	213	23	5	5	NUM
amfbr-79	213	24	years	year	NOUN
amfbr-79	213	25	historical	historical	ADJ
amfbr-79	213	26	data	datum	NOUN
amfbr-79	213	27	(	(	PUNCT
amfbr-79	213	28	income	income	NOUN
amfbr-79	213	29	statement	statement	NOUN
amfbr-79	213	30	,	,	PUNCT
amfbr-79	213	31	balance	balance	NOUN
amfbr-79	213	32	sheet	sheet	NOUN
amfbr-79	213	33	and	and	CCONJ
amfbr-79	213	34	cash	cash	NOUN
amfbr-79	213	35	flow	flow	NOUN
amfbr-79	213	36	statement	statement	NOUN
amfbr-79	213	37	)	)	PUNCT
amfbr-79	213	38	we	we	PRON
amfbr-79	213	39	have	have	AUX
amfbr-79	213	40	projected	project	VERB
amfbr-79	213	41	another	another	DET
amfbr-79	213	42	5	5	NUM
amfbr-79	213	43	years	year	NOUN
amfbr-79	213	44	prospective	prospective	ADJ
amfbr-79	213	45	statements	statement	NOUN
amfbr-79	213	46	.	.	PUNCT
amfbr-79	214	1	first	first	ADV
amfbr-79	214	2	of	of	ADP
amfbr-79	214	3	all	all	PRON
amfbr-79	214	4	,	,	PUNCT
amfbr-79	214	5	we	we	PRON
amfbr-79	214	6	prepared	prepare	VERB
amfbr-79	214	7	common	common	ADJ
amfbr-79	214	8	size	size	NOUN
amfbr-79	214	9	income	income	NOUN
amfbr-79	214	10	statement	statement	NOUN
amfbr-79	214	11	which	which	PRON
amfbr-79	214	12	is	be	AUX
amfbr-79	214	13	expressed	express	VERB
amfbr-79	214	14	against	against	ADP
amfbr-79	214	15	total	total	ADJ
amfbr-79	214	16	sales	sale	NOUN
amfbr-79	214	17	and	and	CCONJ
amfbr-79	214	18	common	common	ADJ
amfbr-79	214	19	size	size	NOUN
amfbr-79	214	20	balance	balance	NOUN
amfbr-79	214	21	sheet	sheet	NOUN
amfbr-79	214	22	which	which	PRON
amfbr-79	214	23	is	be	AUX
amfbr-79	214	24	expressed	express	VERB
amfbr-79	214	25	against	against	ADP
amfbr-79	214	26	both	both	PRON
amfbr-79	214	27	in	in	ADP
amfbr-79	214	28	terms	term	NOUN
amfbr-79	214	29	of	of	ADP
amfbr-79	214	30	sales	sale	NOUN
amfbr-79	214	31	and	and	CCONJ
amfbr-79	214	32	total	total	ADJ
amfbr-79	214	33	assets	asset	NOUN
amfbr-79	214	34	.	.	PUNCT
amfbr-79	215	1	from	from	ADP
amfbr-79	215	2	the	the	DET
amfbr-79	215	3	common	common	ADJ
amfbr-79	215	4	size	size	NOUN
amfbr-79	215	5	statements	statement	NOUN
amfbr-79	215	6	we	we	PRON
amfbr-79	215	7	have	have	AUX
amfbr-79	215	8	identified	identify	VERB
amfbr-79	215	9	the	the	DET
amfbr-79	215	10	rate	rate	NOUN
amfbr-79	215	11	of	of	ADP
amfbr-79	215	12	change	change	NOUN
amfbr-79	215	13	and	and	CCONJ
amfbr-79	215	14	ratios	ratio	NOUN
amfbr-79	215	15	of	of	ADP
amfbr-79	215	16	needed	need	VERB
amfbr-79	215	17	accounting	accounting	NOUN
amfbr-79	215	18	estimates	estimate	NOUN
amfbr-79	215	19	and	and	CCONJ
amfbr-79	215	20	then	then	ADV
amfbr-79	215	21	smoothing	smooth	VERB
amfbr-79	215	22	the	the	DET
amfbr-79	215	23	estimates	estimate	NOUN
amfbr-79	215	24	we	we	PRON
amfbr-79	215	25	have	have	AUX
amfbr-79	215	26	projected	project	VERB
amfbr-79	215	27	those	those	PRON
amfbr-79	215	28	for	for	ADP
amfbr-79	215	29	the	the	DET
amfbr-79	215	30	future	future	ADJ
amfbr-79	215	31	five	five	NUM
amfbr-79	215	32	years	year	NOUN
amfbr-79	215	33	.	.	PUNCT
amfbr-79	216	1	assumptions	assumption	NOUN
amfbr-79	216	2			VERB
amfbr-79	216	3	sales	sale	NOUN
amfbr-79	216	4	growth	growth	NOUN
amfbr-79	216	5	rate	rate	NOUN
amfbr-79	216	6	will	will	AUX
amfbr-79	216	7	be	be	AUX
amfbr-79	216	8	approximately	approximately	ADV
amfbr-79	216	9	21	21	NUM
amfbr-79	216	10	%	%	NOUN
amfbr-79	216	11	.	.	PUNCT
amfbr-79	217	1			PROPN
amfbr-79	218	1	cgs	cgs	NOUN
amfbr-79	218	2	is	be	AUX
amfbr-79	218	3	assumed	assume	VERB
amfbr-79	218	4	to	to	PART
amfbr-79	218	5	be	be	AUX
amfbr-79	218	6	78	78	NUM
amfbr-79	218	7	%	%	NOUN
amfbr-79	218	8	of	of	ADP
amfbr-79	218	9	sales	sale	NOUN
amfbr-79	218	10	.	.	PUNCT
amfbr-79	219	1			PART
amfbr-79	220	1	inventories	inventory	NOUN
amfbr-79	220	2	growth	growth	NOUN
amfbr-79	220	3	rate	rate	NOUN
amfbr-79	220	4	will	will	AUX
amfbr-79	220	5	be	be	AUX
amfbr-79	220	6	approximately	approximately	ADV
amfbr-79	220	7	20	20	NUM
amfbr-79	220	8	%	%	NOUN
amfbr-79	220	9	.	.	PUNCT
amfbr-79	221	1			X
amfbr-79	221	2	cash	cash	NOUN
amfbr-79	221	3	and	and	CCONJ
amfbr-79	221	4	cash	cash	NOUN
amfbr-79	221	5	equivalent	equivalent	ADJ
amfbr-79	221	6	growth	growth	NOUN
amfbr-79	221	7	rate	rate	NOUN
amfbr-79	221	8	will	will	AUX
amfbr-79	221	9	be	be	AUX
amfbr-79	221	10	approximately	approximately	ADV
amfbr-79	221	11	-2	-2	ADV
amfbr-79	222	1	%	%	INTJ
amfbr-79	222	2	.	.	PUNCT
amfbr-79	223	1			PROPN
amfbr-79	224	1	accrued	accrue	VERB
amfbr-79	224	2	expense	expense	NOUN
amfbr-79	224	3	growth	growth	NOUN
amfbr-79	224	4	rate	rate	NOUN
amfbr-79	224	5	will	will	AUX
amfbr-79	224	6	be	be	AUX
amfbr-79	224	7	approximately	approximately	ADV
amfbr-79	224	8	27	27	NUM
amfbr-79	224	9	%	%	NOUN
amfbr-79	224	10	.	.	PUNCT
amfbr-79	225	1			VERB
amfbr-79	225	2	sundry	sundry	ADJ
amfbr-79	225	3	creditors	creditor	NOUN
amfbr-79	225	4	’	'	PUNCT
amfbr-79	225	5	growth	growth	NOUN
amfbr-79	225	6	rate	rate	NOUN
amfbr-79	225	7	will	will	AUX
amfbr-79	225	8	be	be	AUX
amfbr-79	225	9	approximately	approximately	ADV
amfbr-79	225	10	-25	-25	ADP
amfbr-79	225	11	%	%	NOUN
amfbr-79	225	12	.	.	PUNCT
amfbr-79	226	1			PROPN
amfbr-79	227	1	sga	sga	PROPN
amfbr-79	227	2	expense	expense	NOUN
amfbr-79	227	3	will	will	AUX
amfbr-79	227	4	increase	increase	VERB
amfbr-79	227	5	by	by	ADP
amfbr-79	227	6	10.55	10.55	NUM
amfbr-79	227	7	%	%	NOUN
amfbr-79	227	8	.	.	PUNCT
amfbr-79	228	1			PUNCT
amfbr-79	229	1	loans	loan	NOUN
amfbr-79	229	2	,	,	PUNCT
amfbr-79	229	3	advances	advance	NOUN
amfbr-79	229	4	and	and	CCONJ
amfbr-79	229	5	deposits	deposit	NOUN
amfbr-79	229	6	growth	growth	NOUN
amfbr-79	229	7	rate	rate	NOUN
amfbr-79	229	8	will	will	AUX
amfbr-79	229	9	be	be	AUX
amfbr-79	229	10	approximately	approximately	ADV
amfbr-79	229	11	21	21	NUM
amfbr-79	229	12	%	%	NOUN
amfbr-79	229	13	.	.	PUNCT
amfbr-79	230	1			PUNCT
amfbr-79	231	1	the	the	DET
amfbr-79	231	2	company	company	NOUN
amfbr-79	231	3	will	will	AUX
amfbr-79	231	4	issue	issue	VERB
amfbr-79	231	5	additional	additional	ADJ
amfbr-79	231	6	0.2	0.2	NUM
amfbr-79	231	7	million	million	NUM
amfbr-79	231	8	shares	share	NOUN
amfbr-79	231	9	in	in	ADP
amfbr-79	231	10	2008	2008	NUM
amfbr-79	231	11	-	-	SYM
amfbr-79	231	12	09	09	NUM
amfbr-79	231	13	and	and	CCONJ
amfbr-79	231	14	as	as	ADP
amfbr-79	231	15	a	a	DET
amfbr-79	231	16	result	result	NOUN
amfbr-79	231	17	share	share	NOUN
amfbr-79	231	18	issue	issue	NOUN
amfbr-79	231	19	expense	expense	NOUN
amfbr-79	231	20	will	will	AUX
amfbr-79	231	21	increase	increase	VERB
amfbr-79	231	22	.	.	PUNCT
amfbr-79	232	1	share	share	NOUN
amfbr-79	232	2	issue	issue	NOUN
amfbr-79	232	3	expense	expense	NOUN
amfbr-79	232	4	will	will	AUX
amfbr-79	232	5	be	be	AUX
amfbr-79	232	6	amortized	amortize	VERB
amfbr-79	232	7	substantially	substantially	ADV
amfbr-79	232	8	.	.	PUNCT
amfbr-79	233	1			X
amfbr-79	234	1	payout	payout	ADJ
amfbr-79	234	2	ratio	ratio	NOUN
amfbr-79	234	3	will	will	AUX
amfbr-79	234	4	change	change	VERB
amfbr-79	234	5	to	to	ADP
amfbr-79	234	6	12.5	12.5	NUM
amfbr-79	234	7	%	%	NOUN
amfbr-79	234	8	in	in	ADP
amfbr-79	234	9	the	the	DET
amfbr-79	234	10	year	year	NOUN
amfbr-79	234	11	2016	2016	NUM
amfbr-79	234	12	-	-	SYM
amfbr-79	234	13	17	17	NUM
amfbr-79	234	14			NOUN
amfbr-79	234	15	credits	credit	NOUN
amfbr-79	234	16	,	,	PUNCT
amfbr-79	234	17	short	short	ADJ
amfbr-79	234	18	term	term	NOUN
amfbr-79	234	19	bank	bank	NOUN
amfbr-79	234	20	loans	loan	NOUN
amfbr-79	234	21	-	-	PUNCT
amfbr-79	234	22	secured	secure	VERB
amfbr-79	234	23	growth	growth	NOUN
amfbr-79	234	24	rate	rate	NOUN
amfbr-79	234	25	will	will	AUX
amfbr-79	234	26	be	be	AUX
amfbr-79	234	27	approximately	approximately	ADV
amfbr-79	234	28	5	5	NUM
amfbr-79	234	29	%	%	NOUN
amfbr-79	234	30	.	.	PUNCT
amfbr-79	235	1			VERB
amfbr-79	236	1	sundry	sundry	ADJ
amfbr-79	236	2	debtors	debtor	NOUN
amfbr-79	236	3	growth	growth	NOUN
amfbr-79	236	4	rate	rate	NOUN
amfbr-79	236	5	will	will	AUX
amfbr-79	236	6	be	be	AUX
amfbr-79	236	7	approximately	approximately	ADV
amfbr-79	236	8	-47	-47	NUM
amfbr-79	236	9	%	%	NOUN
amfbr-79	236	10	per	per	ADP
amfbr-79	236	11	year	year	NOUN
amfbr-79	236	12	.	.	PUNCT
amfbr-79	237	1	the	the	DET
amfbr-79	237	2	proforma	proforma	NOUN
amfbr-79	237	3	statements	statement	NOUN
amfbr-79	237	4	yield	yield	VERB
amfbr-79	237	5	the	the	DET
amfbr-79	237	6	following	follow	VERB
amfbr-79	237	7	results	result	NOUN
amfbr-79	237	8	:	:	PUNCT
amfbr-79	237	9	net	net	ADJ
amfbr-79	237	10	incomes	income	NOUN
amfbr-79	237	11	after	after	ADP
amfbr-79	237	12	tax	tax	NOUN
amfbr-79	237	13	for	for	ADP
amfbr-79	237	14	the	the	DET
amfbr-79	237	15	forecasted	forecast	VERB
amfbr-79	237	16	5	5	NUM
amfbr-79	237	17	years	year	NOUN
amfbr-79	237	18	are	be	AUX
amfbr-79	237	19	:	:	PUNCT
amfbr-79	237	20	2017	2017	NUM
amfbr-79	237	21	-	-	SYM
amfbr-79	237	22	18	18	NUM
amfbr-79	237	23	2018	2018	NUM
amfbr-79	237	24	-	-	SYM
amfbr-79	237	25	19	19	NUM
amfbr-79	237	26	2019	2019	NUM
amfbr-79	237	27	-	-	SYM
amfbr-79	237	28	20	20	NUM
amfbr-79	237	29	2020	2020	NUM
amfbr-79	237	30	-	-	SYM
amfbr-79	237	31	21	21	NUM
amfbr-79	237	32	2021	2021	NUM
amfbr-79	237	33	-	-	SYM
amfbr-79	237	34	22	22	NUM
amfbr-79	237	35	48,198,118	48,198,118	NUM
amfbr-79	237	36	59,892,306	59,892,306	NUM
amfbr-79	237	37	72,469,690	72,469,690	NUM
amfbr-79	237	38	87,688,325	87,688,325	NUM
amfbr-79	237	39	106,102,874	106,102,874	NUM
amfbr-79	237	40	total	total	ADJ
amfbr-79	237	41	assets	asset	NOUN
amfbr-79	237	42	or	or	CCONJ
amfbr-79	237	43	total	total	ADJ
amfbr-79	237	44	liabilities	liability	NOUN
amfbr-79	237	45	for	for	ADP
amfbr-79	237	46	the	the	DET
amfbr-79	237	47	forecasted	forecast	VERB
amfbr-79	237	48	5	5	NUM
amfbr-79	237	49	years	year	NOUN
amfbr-79	237	50	are	be	AUX
amfbr-79	237	51	:	:	PUNCT
amfbr-79	237	52	2017	2017	NUM
amfbr-79	237	53	-	-	SYM
amfbr-79	237	54	18	18	NUM
amfbr-79	237	55	2018	2018	NUM
amfbr-79	237	56	-	-	SYM
amfbr-79	237	57	19	19	NUM
amfbr-79	237	58	2019	2019	NUM
amfbr-79	237	59	-	-	SYM
amfbr-79	237	60	20	20	NUM
amfbr-79	237	61	2020	2020	NUM
amfbr-79	237	62	-	-	SYM
amfbr-79	237	63	21	21	NUM
amfbr-79	237	64	2021	2021	NUM
amfbr-79	237	65	-	-	SYM
amfbr-79	237	66	22	22	NUM
amfbr-79	237	67	448,815,638	448,815,638	NUM
amfbr-79	237	68	356,444,592	356,444,592	NUM
amfbr-79	237	69	305,124,327	305,124,327	NUM
amfbr-79	237	70	286,219,721	286,219,721	NUM
amfbr-79	237	71	289,260,386	289,260,386	NUM
amfbr-79	237	72	changes	change	NOUN
amfbr-79	237	73	in	in	ADP
amfbr-79	237	74	cash	cash	NOUN
amfbr-79	237	75	for	for	ADP
amfbr-79	237	76	the	the	DET
amfbr-79	237	77	forecasted	forecast	VERB
amfbr-79	237	78	5	5	NUM
amfbr-79	237	79	years	year	NOUN
amfbr-79	237	80	are	be	AUX
amfbr-79	237	81	:	:	PUNCT
amfbr-79	237	82	2017	2017	NUM
amfbr-79	237	83	-	-	SYM
amfbr-79	237	84	18	18	NUM
amfbr-79	237	85	2018	2018	NUM
amfbr-79	237	86	-	-	SYM
amfbr-79	237	87	19	19	NUM
amfbr-79	237	88	2019	2019	NUM
amfbr-79	237	89	-	-	SYM
amfbr-79	237	90	20	20	NUM
amfbr-79	237	91	2020	2020	NUM
amfbr-79	237	92	-	-	SYM
amfbr-79	237	93	21	21	NUM
amfbr-79	237	94	2021	2021	NUM
amfbr-79	237	95	-	-	SYM
amfbr-79	237	96	22	22	NUM
amfbr-79	237	97	(	(	PUNCT
amfbr-79	237	98	403,614	403,614	NUM
amfbr-79	237	99	)	)	PUNCT
amfbr-79	237	100	(	(	PUNCT
amfbr-79	237	101	394,577	394,577	NUM
amfbr-79	237	102	)	)	PUNCT
amfbr-79	237	103	(	(	PUNCT
amfbr-79	237	104	385,742	385,742	NUM
amfbr-79	237	105	)	)	PUNCT
amfbr-79	237	106	(	(	PUNCT
amfbr-79	237	107	377,106	377,106	NUM
amfbr-79	237	108	)	)	PUNCT
amfbr-79	237	109	(	(	PUNCT
amfbr-79	237	110	368,662	368,662	NUM
amfbr-79	237	111	)	)	PUNCT
amfbr-79	237	112	an	an	DET
amfbr-79	237	113	empirical	empirical	ADJ
amfbr-79	237	114	research	research	NOUN
amfbr-79	237	115	on	on	ADP
amfbr-79	237	116	fu	fu	PROPN
amfbr-79	237	117	-	-	PUNCT
amfbr-79	237	118	wang	wang	PROPN
amfbr-79	237	119	foods	foods	PROPN
amfbr-79	237	120	ltd	ltd	PROPN
amfbr-79	237	121	:	:	PUNCT
amfbr-79	237	122	industry	industry	NOUN
amfbr-79	237	123	,	,	PUNCT
amfbr-79	237	124	strategy	strategy	NOUN
amfbr-79	237	125	,	,	PUNCT
amfbr-79	237	126	accounting	accounting	NOUN
amfbr-79	237	127	,	,	PUNCT
amfbr-79	237	128	ratio	ratio	NOUN
amfbr-79	237	129	,	,	PUNCT
amfbr-79	237	130	valuation	valuation	NOUN
amfbr-79	237	131	and	and	CCONJ
amfbr-79	237	132	proforma	proforma	NOUN
amfbr-79	237	133	analysis	analysis	NOUN
amfbr-79	238	1	k.	k.	PROPN
amfbr-79	238	2	m.	m.	PROPN
amfbr-79	238	3	anwarul	anwarul	PROPN
amfbr-79	239	1	islam	islam	PROPN
amfbr-79	239	2	10	10	NUM
amfbr-79	239	3	the	the	DET
amfbr-79	239	4	position	position	NOUN
amfbr-79	239	5	of	of	ADP
amfbr-79	239	6	fu	fu	PROPN
amfbr-79	239	7	-	-	PUNCT
amfbr-79	239	8	wang	wang	PROPN
amfbr-79	239	9	is	be	AUX
amfbr-79	239	10	expected	expect	VERB
amfbr-79	239	11	to	to	PART
amfbr-79	239	12	be	be	AUX
amfbr-79	239	13	good	good	ADJ
amfbr-79	239	14	in	in	ADP
amfbr-79	239	15	this	this	DET
amfbr-79	239	16	industry	industry	NOUN
amfbr-79	239	17	.	.	PUNCT
amfbr-79	240	1	its	its	PRON
amfbr-79	240	2	long	long	ADJ
amfbr-79	240	3	term	term	NOUN
amfbr-79	240	4	profitability	profitability	NOUN
amfbr-79	240	5	and	and	CCONJ
amfbr-79	240	6	sustainability	sustainability	NOUN
amfbr-79	240	7	is	be	AUX
amfbr-79	240	8	also	also	ADV
amfbr-79	240	9	secured	secure	VERB
amfbr-79	240	10	.	.	PUNCT
amfbr-79	241	1	references	reference	NOUN
amfbr-79	241	2	baker	baker	PROPN
amfbr-79	241	3	,	,	PUNCT
amfbr-79	241	4	m.	m.	NOUN
amfbr-79	241	5	,	,	PUNCT
amfbr-79	241	6	and	and	CCONJ
amfbr-79	241	7	j.	j.	PROPN
amfbr-79	241	8	wurgler	wurgler	PROPN
amfbr-79	241	9	.	.	PUNCT
amfbr-79	242	1	(	(	PUNCT
amfbr-79	242	2	2007	2007	NUM
amfbr-79	242	3	)	)	PUNCT
amfbr-79	242	4	.	.	PUNCT
amfbr-79	243	1	investor	investor	NOUN
amfbr-79	243	2	sentiment	sentiment	NOUN
amfbr-79	243	3	in	in	ADP
amfbr-79	243	4	the	the	DET
amfbr-79	243	5	stock	stock	NOUN
amfbr-79	243	6	market	market	NOUN
amfbr-79	243	7	.	.	PUNCT
amfbr-79	244	1	journal	journal	NOUN
amfbr-79	244	2	of	of	ADP
amfbr-79	244	3	economic	economic	ADJ
amfbr-79	244	4	perspectives	perspective	NOUN
amfbr-79	244	5	,	,	PUNCT
amfbr-79	244	6	21	21	NUM
amfbr-79	244	7	,	,	PUNCT
amfbr-79	244	8	129	129	NUM
amfbr-79	244	9	-	-	SYM
amfbr-79	244	10	151	151	NUM
amfbr-79	244	11	.	.	PUNCT
amfbr-79	245	1	bhattacharya	bhattacharya	PROPN
amfbr-79	245	2	,	,	PUNCT
amfbr-79	245	3	n.	n.	PROPN
amfbr-79	245	4	;	;	PUNCT
amfbr-79	245	5	e.	e.	PROPN
amfbr-79	245	6	black	black	PROPN
amfbr-79	245	7	;	;	PUNCT
amfbr-79	245	8	t.	t.	PROPN
amfbr-79	245	9	christensen	christensen	PROPN
amfbr-79	245	10	;	;	PUNCT
amfbr-79	245	11	and	and	CCONJ
amfbr-79	245	12	c.	c.	PROPN
amfbr-79	245	13	larson.(2003).assessing	larson.(2003).assessing	NOUN
amfbr-79	245	14	the	the	DET
amfbr-79	245	15	relative	relative	ADJ
amfbr-79	245	16	informativeness	informativeness	NOUN
amfbr-79	245	17	and	and	CCONJ
amfbr-79	245	18	permanence	permanence	NOUN
amfbr-79	245	19	of	of	ADP
amfbr-79	245	20	pro	pro	ADJ
amfbr-79	245	21	forma	forma	NOUN
amfbr-79	245	22	earnings	earning	NOUN
amfbr-79	245	23	and	and	CCONJ
amfbr-79	245	24	gaap	gaap	NOUN
amfbr-79	245	25	operating	operating	NOUN
amfbr-79	245	26	earnings	earning	NOUN
amfbr-79	245	27	.	.	PUNCT
amfbr-79	246	1	journal	journal	NOUN
amfbr-79	246	2	of	of	ADP
amfbr-79	246	3	accounting	accounting	NOUN
amfbr-79	246	4	and	and	CCONJ
amfbr-79	246	5	economics	economic	NOUN
amfbr-79	246	6	,	,	PUNCT
amfbr-79	246	7	36	36	NUM
amfbr-79	246	8	,	,	PUNCT
amfbr-79	246	9	285	285	NUM
amfbr-79	246	10	-	-	SYM
amfbr-79	246	11	319	319	NUM
amfbr-79	246	12	.	.	PUNCT
amfbr-79	247	1	bowen	bowen	PROPN
amfbr-79	247	2	,	,	PUNCT
amfbr-79	247	3	r.	r.	PROPN
amfbr-79	247	4	;	;	PUNCT
amfbr-79	247	5	a.	a.	NOUN
amfbr-79	247	6	davis	davis	PROPN
amfbr-79	247	7	;	;	PUNCT
amfbr-79	247	8	and	and	CCONJ
amfbr-79	247	9	d.	d.	PROPN
amfbr-79	247	10	matsumoto	matsumoto	PROPN
amfbr-79	247	11	.	.	PUNCT
amfbr-79	248	1	(	(	PUNCT
amfbr-79	248	2	2005	2005	NUM
amfbr-79	248	3	)	)	PUNCT
amfbr-79	248	4	.	.	PUNCT
amfbr-79	249	1	emphasis	emphasis	NOUN
amfbr-79	249	2	on	on	ADP
amfbr-79	249	3	pro	pro	ADJ
amfbr-79	249	4	forma	forma	NOUN
amfbr-79	249	5	versus	versus	ADP
amfbr-79	249	6	gaap	gaap	NOUN
amfbr-79	249	7	earnings	earning	NOUN
amfbr-79	249	8	in	in	ADP
amfbr-79	249	9	quarterly	quarterly	ADJ
amfbr-79	249	10	press	press	NOUN
amfbr-79	249	11	releases	release	NOUN
amfbr-79	249	12	:	:	PUNCT
amfbr-79	249	13	determinants	determinant	NOUN
amfbr-79	249	14	,	,	PUNCT
amfbr-79	249	15	sec	sec	PROPN
amfbr-79	249	16	intervention	intervention	NOUN
amfbr-79	249	17	,	,	PUNCT
amfbr-79	249	18	and	and	CCONJ
amfbr-79	249	19	market	market	VERB
amfbr-79	249	20	reactions.the	reactions.the	DET
amfbr-79	249	21	accounting	accounting	NOUN
amfbr-79	249	22	review	review	NOUN
amfbr-79	249	23	,	,	PUNCT
amfbr-79	249	24	80	80	NUM
amfbr-79	249	25	,	,	PUNCT
amfbr-79	249	26	1011	1011	NUM
amfbr-79	249	27	-	-	SYM
amfbr-79	249	28	1039	1039	NUM
amfbr-79	249	29	.	.	PUNCT
amfbr-79	250	1	brown	brown	PROPN
amfbr-79	250	2	,	,	PUNCT
amfbr-79	250	3	n.	n.	NOUN
amfbr-79	250	4	;	;	PUNCT
amfbr-79	250	5	t.	t.	PROPN
amfbr-79	250	6	christensen	christensen	PROPN
amfbr-79	250	7	;	;	PUNCT
amfbr-79	250	8	and	and	CCONJ
amfbr-79	250	9	w.	w.	PROPN
amfbr-79	250	10	elliott	elliott	PROPN
amfbr-79	250	11	.	.	PUNCT
amfbr-79	251	1	(	(	PUNCT
amfbr-79	251	2	2011).the	2011).the	DET
amfbr-79	251	3	timing	timing	NOUN
amfbr-79	251	4	of	of	ADP
amfbr-79	251	5	quarterly	quarterly	ADJ
amfbr-79	251	6	pro	pro	ADJ
amfbr-79	251	7	forma	forma	NOUN
amfbr-79	251	8	earnings	earning	NOUN
amfbr-79	251	9	announcements	announcement	NOUN
amfbr-79	251	10	.	.	PUNCT
amfbr-79	252	1	journal	journal	NOUN
amfbr-79	252	2	of	of	ADP
amfbr-79	252	3	business	business	NOUN
amfbr-79	252	4	,	,	PUNCT
amfbr-79	252	5	finance	finance	NOUN
amfbr-79	252	6	and	and	CCONJ
amfbr-79	252	7	accounting	accounting	NOUN
amfbr-79	252	8	forthcoming	forthcoming	ADJ
amfbr-79	252	9	.	.	PUNCT
amfbr-79	253	1	baker	baker	PROPN
amfbr-79	253	2	,	,	PUNCT
amfbr-79	253	3	m.	m.	NOUN
amfbr-79	253	4	,	,	PUNCT
amfbr-79	253	5	and	and	CCONJ
amfbr-79	253	6	j.	j.	PROPN
amfbr-79	253	7	wurgler	wurgler	PROPN
amfbr-79	253	8	.	.	PUNCT
amfbr-79	254	1	(	(	PUNCT
amfbr-79	254	2	2007	2007	NUM
amfbr-79	254	3	)	)	PUNCT
amfbr-79	254	4	.	.	PUNCT
amfbr-79	255	1	investor	investor	NOUN
amfbr-79	255	2	sentiment	sentiment	NOUN
amfbr-79	255	3	in	in	ADP
amfbr-79	255	4	the	the	DET
amfbr-79	255	5	stock	stock	NOUN
amfbr-79	255	6	market	market	NOUN
amfbr-79	255	7	.	.	PUNCT
amfbr-79	256	1	journal	journal	NOUN
amfbr-79	256	2	of	of	ADP
amfbr-79	256	3	economic	economic	ADJ
amfbr-79	256	4	perspectives	perspective	NOUN
amfbr-79	256	5	21,129	21,129	NUM
amfbr-79	256	6	-	-	SYM
amfbr-79	256	7	151	151	NUM
amfbr-79	256	8	.	.	PUNCT
amfbr-79	257	1	bhattacharya	bhattacharya	PROPN
amfbr-79	257	2	,	,	PUNCT
amfbr-79	257	3	n.	n.	PROPN
amfbr-79	257	4	;	;	PUNCT
amfbr-79	257	5	e.	e.	PROPN
amfbr-79	257	6	black	black	PROPN
amfbr-79	257	7	;	;	PUNCT
amfbr-79	257	8	t.	t.	PROPN
amfbr-79	257	9	christensen	christensen	PROPN
amfbr-79	257	10	;	;	PUNCT
amfbr-79	257	11	and	and	CCONJ
amfbr-79	257	12	r.	r.	PROPN
amfbr-79	257	13	mergenthaler	mergenthaler	NOUN
amfbr-79	257	14	.	.	PUNCT
amfbr-79	258	1	(	(	PUNCT
amfbr-79	258	2	2007	2007	NUM
amfbr-79	258	3	)	)	PUNCT
amfbr-79	258	4	.	.	PUNCT
amfbr-79	259	1	who	who	PRON
amfbr-79	259	2	trades	trade	VERB
amfbr-79	259	3	on	on	ADP
amfbr-79	259	4	proforma	proforma	ADJ
amfbr-79	259	5	earnings	earning	NOUN
amfbr-79	259	6	information	information	NOUN
amfbr-79	259	7	?	?	PUNCT
amfbr-79	259	8	.	.	PUNCT
amfbr-79	260	1	the	the	DET
amfbr-79	260	2	accounting	accounting	NOUN
amfbr-79	260	3	review	review	NOUN
amfbr-79	260	4	,	,	PUNCT
amfbr-79	260	5	82,581	82,581	NUM
amfbr-79	260	6	-	-	SYM
amfbr-79	260	7	619	619	NUM
amfbr-79	260	8	.	.	PUNCT
amfbr-79	261	1	bradshaw	bradshaw	PROPN
amfbr-79	261	2	,	,	PUNCT
amfbr-79	261	3	m.	m.	NOUN
amfbr-79	261	4	,	,	PUNCT
amfbr-79	261	5	and	and	CCONJ
amfbr-79	261	6	r.	r.	PROPN
amfbr-79	261	7	sloan	sloan	PROPN
amfbr-79	261	8	.	.	PUNCT
amfbr-79	262	1	(	(	PUNCT
amfbr-79	262	2	2003	2003	NUM
amfbr-79	262	3	)	)	PUNCT
amfbr-79	262	4	.	.	PUNCT
amfbr-79	263	1	gaap	gaap	PROPN
amfbr-79	263	2	versus	versus	ADP
amfbr-79	263	3	the	the	DET
amfbr-79	263	4	street	street	NOUN
amfbr-79	263	5	:	:	PUNCT
amfbr-79	263	6	an	an	DET
amfbr-79	263	7	empirical	empirical	ADJ
amfbr-79	263	8	assessment	assessment	NOUN
amfbr-79	263	9	of	of	ADP
amfbr-79	263	10	two	two	NUM
amfbr-79	263	11	alternative	alternative	ADJ
amfbr-79	263	12	definitions	definition	NOUN
amfbr-79	263	13	of	of	ADP
amfbr-79	263	14	earnings.journal	earnings.journal	NOUN
amfbr-79	263	15	of	of	ADP
amfbr-79	263	16	accounting	accounting	NOUN
amfbr-79	263	17	research	research	NOUN
amfbr-79	263	18	.	.	PUNCT
amfbr-79	264	1	30	30	NUM
amfbr-79	264	2	,	,	PUNCT
amfbr-79	264	3	41	41	NUM
amfbr-79	264	4	-	-	SYM
amfbr-79	264	5	66	66	NUM
amfbr-79	264	6	.	.	PUNCT
amfbr-79	265	1	bhattacharya	bhattacharya	PROPN
amfbr-79	265	2	,	,	PUNCT
amfbr-79	265	3	n.	n.	PROPN
amfbr-79	265	4	;	;	PUNCT
amfbr-79	265	5	e.	e.	PROPN
amfbr-79	265	6	black	black	PROPN
amfbr-79	265	7	;	;	PUNCT
amfbr-79	265	8	t.	t.	PROPN
amfbr-79	265	9	christensen	christensen	PROPN
amfbr-79	265	10	;	;	PUNCT
amfbr-79	265	11	and	and	CCONJ
amfbr-79	265	12	r.	r.	PROPN
amfbr-79	265	13	mergenthaler	mergenthaler	NOUN
amfbr-79	265	14	.	.	PUNCT
amfbr-79	266	1	(	(	PUNCT
amfbr-79	266	2	2004	2004	NUM
amfbr-79	266	3	)	)	PUNCT
amfbr-79	266	4	.	.	PUNCT
amfbr-79	267	1	empirical	empirical	ADJ
amfbr-79	267	2	evidence	evidence	NOUN
amfbr-79	267	3	on	on	ADP
amfbr-79	267	4	trends	trend	NOUN
amfbr-79	267	5	in	in	ADP
amfbr-79	267	6	pro	pro	ADJ
amfbr-79	267	7	forma	forma	NOUN
amfbr-79	267	8	reporting	reporting	NOUN
amfbr-79	267	9	.	.	PUNCT
amfbr-79	268	1	accounting	accounting	NOUN
amfbr-79	268	2	horizons	horizon	NOUN
amfbr-79	268	3	,	,	PUNCT
amfbr-79	268	4	18	18	NUM
amfbr-79	268	5	,	,	PUNCT
amfbr-79	268	6	27	27	NUM
amfbr-79	268	7	-	-	SYM
amfbr-79	268	8	43	43	NUM
amfbr-79	268	9	.	.	PUNCT
amfbr-79	269	1	brown	brown	PROPN
amfbr-79	269	2	,	,	PUNCT
amfbr-79	269	3	n.	n.	PROPN
amfbr-79	269	4	c.	c.	PROPN
amfbr-79	269	5	,	,	PUNCT
amfbr-79	269	6	christensen	christensen	PROPN
amfbr-79	269	7	,	,	PUNCT
amfbr-79	269	8	t.	t.	PROPN
amfbr-79	269	9	e.	e.	PROPN
amfbr-79	269	10	,	,	PUNCT
amfbr-79	269	11	elliott	elliott	PROPN
amfbr-79	269	12	,	,	PUNCT
amfbr-79	269	13	w.	w.	PROPN
amfbr-79	269	14	b.	b.	PROPN
amfbr-79	269	15	,	,	PUNCT
amfbr-79	269	16	&	&	CCONJ
amfbr-79	269	17	mergenthaler	mergenthaler	PROPN
amfbr-79	269	18	,	,	PUNCT
amfbr-79	269	19	r.	r.	PROPN
amfbr-79	269	20	d.	d.	PROPN
amfbr-79	269	21	(	(	PUNCT
amfbr-79	269	22	2012	2012	NUM
amfbr-79	269	23	)	)	PUNCT
amfbr-79	269	24	.	.	PUNCT
amfbr-79	270	1	investor	investor	NOUN
amfbr-79	270	2	sentiment	sentiment	NOUN
amfbr-79	270	3	and	and	CCONJ
amfbr-79	270	4	pro	pro	ADJ
amfbr-79	270	5	forma	forma	NOUN
amfbr-79	270	6	earnings	earning	NOUN
amfbr-79	270	7	disclosures	disclosure	NOUN
amfbr-79	270	8	.	.	PUNCT
amfbr-79	271	1	journal	journal	NOUN
amfbr-79	271	2	of	of	ADP
amfbr-79	271	3	accounting	accounting	NOUN
amfbr-79	271	4	research	research	NOUN
amfbr-79	271	5	,	,	PUNCT
amfbr-79	271	6	50(1	50(1	NUM
amfbr-79	271	7	)	)	PUNCT
amfbr-79	271	8	,	,	PUNCT
amfbr-79	271	9	1	1	NUM
amfbr-79	271	10	-	-	SYM
amfbr-79	271	11	40	40	NUM
amfbr-79	271	12	.	.	PUNCT
amfbr-79	272	1	dyck	dyck	PROPN
amfbr-79	272	2	,	,	PUNCT
amfbr-79	272	3	a.	a.	NOUN
amfbr-79	272	4	,	,	PUNCT
amfbr-79	272	5	and	and	CCONJ
amfbr-79	272	6	l.	l.	PROPN
amfbr-79	272	7	zingales	zingales	PROPN
amfbr-79	272	8	.	.	PUNCT
amfbr-79	273	1	(	(	PUNCT
amfbr-79	273	2	2003	2003	NUM
amfbr-79	273	3	)	)	PUNCT
amfbr-79	273	4	.	.	PUNCT
amfbr-79	274	1	the	the	DET
amfbr-79	274	2	media	medium	NOUN
amfbr-79	274	3	and	and	CCONJ
amfbr-79	274	4	asset	asset	NOUN
amfbr-79	274	5	prices	price	NOUN
amfbr-79	274	6	:	:	PUNCT
amfbr-79	274	7	working	work	VERB
amfbr-79	274	8	paper	paper	NOUN
amfbr-79	274	9	,	,	PUNCT
amfbr-79	274	10	university	university	NOUN
amfbr-79	274	11	of	of	ADP
amfbr-79	274	12	chicago	chicago	PROPN
amfbr-79	274	13	.	.	PUNCT
amfbr-79	275	1	doyle	doyle	PROPN
amfbr-79	275	2	,	,	PUNCT
amfbr-79	275	3	j.	j.	PROPN
amfbr-79	275	4	;	;	PUNCT
amfbr-79	275	5	r.	r.	PROPN
amfbr-79	275	6	lundholm	lundholm	NOUN
amfbr-79	275	7	;	;	PUNCT
amfbr-79	275	8	and	and	CCONJ
amfbr-79	275	9	m.	m.	NOUN
amfbr-79	275	10	soliman	soliman	NOUN
amfbr-79	275	11	.	.	PUNCT
amfbr-79	276	1	(	(	PUNCT
amfbr-79	276	2	2003).the	2003).the	DET
amfbr-79	276	3	predictive	predictive	ADJ
amfbr-79	276	4	value	value	NOUN
amfbr-79	276	5	of	of	ADP
amfbr-79	276	6	expenses	expense	NOUN
amfbr-79	276	7	excluded	exclude	VERB
amfbr-79	276	8	from	from	ADP
amfbr-79	276	9	proforma	proforma	NOUN
amfbr-79	276	10	earnings	earning	NOUN
amfbr-79	276	11	.	.	PUNCT
amfbr-79	277	1	review	review	NOUN
amfbr-79	277	2	of	of	ADP
amfbr-79	277	3	accounting	accounting	NOUN
amfbr-79	277	4	studies	study	NOUN
amfbr-79	277	5	,	,	PUNCT
amfbr-79	277	6	8,145	8,145	NUM
amfbr-79	277	7	-	-	SYM
amfbr-79	277	8	174	174	NUM
amfbr-79	277	9	.	.	PUNCT
amfbr-79	278	1	d’avolio	d’avolio	PROPN
amfbr-79	278	2	,	,	PUNCT
amfbr-79	278	3	g.	g.	PROPN
amfbr-79	278	4	;	;	PUNCT
amfbr-79	278	5	e.	e.	PROPN
amfbr-79	278	6	gildor	gildor	PROPN
amfbr-79	278	7	;	;	PUNCT
amfbr-79	278	8	and	and	CCONJ
amfbr-79	278	9	a.	a.	NOUN
amfbr-79	278	10	shleifer	shleifer	NOUN
amfbr-79	278	11	.	.	PUNCT
amfbr-79	279	1	(	(	PUNCT
amfbr-79	279	2	2002).technology	2002).technology	NOUN
amfbr-79	279	3	,	,	PUNCT
amfbr-79	279	4	information	information	NOUN
amfbr-79	279	5	production	production	NOUN
amfbr-79	279	6	,	,	PUNCT
amfbr-79	279	7	and	and	CCONJ
amfbr-79	279	8	market	market	NOUN
amfbr-79	279	9	efficiency.in	efficiency.in	X
amfbr-79	279	10	economic	economic	ADJ
amfbr-79	279	11	policy	policy	NOUN
amfbr-79	279	12	for	for	ADP
amfbr-79	279	13	the	the	DET
amfbr-79	279	14	information	information	NOUN
amfbr-79	279	15	economy	economy	NOUN
amfbr-79	279	16	:	:	PUNCT
amfbr-79	279	17	a	a	DET
amfbr-79	279	18	symposium	symposium	NOUN
amfbr-79	279	19	sponsored	sponsor	VERB
amfbr-79	279	20	by	by	ADP
amfbr-79	279	21	the	the	DET
amfbr-79	279	22	federal	federal	PROPN
amfbr-79	279	23	reserve	reserve	PROPN
amfbr-79	279	24	bank	bank	PROPN
amfbr-79	279	25	of	of	ADP
amfbr-79	279	26	kansas	kansas	PROPN
amfbr-79	279	27	city	city	PROPN
amfbr-79	279	28	.	.	PUNCT
amfbr-79	280	1	kansas	kansas	PROPN
amfbr-79	280	2	city	city	PROPN
amfbr-79	280	3	,	,	PUNCT
amfbr-79	280	4	mo	mo	PROPN
amfbr-79	280	5	.	.	PROPN
amfbr-79	280	6	elliott	elliott	PROPN
amfbr-79	280	7	,	,	PUNCT
amfbr-79	280	8	w.	w.	PROPN
amfbr-79	280	9	(	(	PUNCT
amfbr-79	280	10	2006	2006	NUM
amfbr-79	280	11	)	)	PUNCT
amfbr-79	280	12	.	.	PUNCT
amfbr-79	281	1	are	be	AUX
amfbr-79	281	2	investors	investor	NOUN
amfbr-79	281	3	influenced	influence	VERB
amfbr-79	281	4	by	by	ADP
amfbr-79	281	5	pro	pro	ADJ
amfbr-79	281	6	forma	forma	NOUN
amfbr-79	281	7	emphasis	emphasis	NOUN
amfbr-79	281	8	and	and	CCONJ
amfbr-79	281	9	reconciliations	reconciliation	NOUN
amfbr-79	281	10	in	in	ADP
amfbr-79	281	11	earnings	earning	NOUN
amfbr-79	281	12	announcements	announcement	NOUN
amfbr-79	281	13	?	?	PUNCT
amfbr-79	281	14	.	.	PUNCT
amfbr-79	282	1	the	the	DET
amfbr-79	282	2	accounting	accounting	NOUN
amfbr-79	282	3	review	review	NOUN
amfbr-79	282	4	,	,	PUNCT
amfbr-79	282	5	81,113	81,113	NUM
amfbr-79	282	6	-	-	SYM
amfbr-79	282	7	133	133	NUM
amfbr-79	282	8	.	.	PUNCT
amfbr-79	283	1	frankel	frankel	PROPN
amfbr-79	283	2	,	,	PUNCT
amfbr-79	283	3	r.	r.	PROPN
amfbr-79	283	4	;	;	PUNCT
amfbr-79	283	5	s.	s.	PROPN
amfbr-79	283	6	mcvay	mcvay	PROPN
amfbr-79	283	7	;	;	PUNCT
amfbr-79	283	8	and	and	CCONJ
amfbr-79	283	9	m.	m.	NOUN
amfbr-79	283	10	soliman	soliman	NOUN
amfbr-79	283	11	.	.	PUNCT
amfbr-79	284	1	(	(	PUNCT
amfbr-79	284	2	2010	2010	NUM
amfbr-79	284	3	)	)	PUNCT
amfbr-79	284	4	.	.	PUNCT
amfbr-79	285	1	non	non	ADJ
amfbr-79	285	2	-	-	ADJ
amfbr-79	285	3	gaap	gaap	ADJ
amfbr-79	285	4	earnings	earning	NOUN
amfbr-79	285	5	and	and	CCONJ
amfbr-79	285	6	board	board	NOUN
amfbr-79	285	7	independence	independence	NOUN
amfbr-79	285	8	.	.	PUNCT
amfbr-79	286	1	review	review	NOUN
amfbr-79	286	2	of	of	ADP
amfbr-79	286	3	accounting	accounting	NOUN
amfbr-79	286	4	studies	study	NOUN
amfbr-79	286	5	forthcoming	forthcoming	ADJ
amfbr-79	286	6	.	.	PUNCT
amfbr-79	287	1	frederickson	frederickson	PROPN
amfbr-79	287	2	,	,	PUNCT
amfbr-79	287	3	j.	j.	PROPN
amfbr-79	287	4	,	,	PUNCT
amfbr-79	287	5	and	and	CCONJ
amfbr-79	287	6	j.	j.	PROPN
amfbr-79	287	7	miller	miller	PROPN
amfbr-79	287	8	.	.	PUNCT
amfbr-79	288	1	(	(	PUNCT
amfbr-79	288	2	2004).the	2004).the	DET
amfbr-79	288	3	effects	effect	NOUN
amfbr-79	288	4	of	of	ADP
amfbr-79	288	5	pro	pro	ADJ
amfbr-79	288	6	forma	forma	NOUN
amfbr-79	288	7	earnings	earning	NOUN
amfbr-79	288	8	disclosures	disclosure	NOUN
amfbr-79	288	9	on	on	ADP
amfbr-79	288	10	analysts	analyst	NOUN
amfbr-79	288	11	’	'	PUNCT
amfbr-79	288	12	and	and	CCONJ
amfbr-79	288	13	nonprofessional	nonprofessional	ADJ
amfbr-79	288	14	investors	investor	NOUN
amfbr-79	288	15	equity	equity	NOUN
amfbr-79	288	16	valuation	valuation	NOUN
amfbr-79	288	17	judgments	judgment	NOUN
amfbr-79	288	18	.	.	PUNCT
amfbr-79	289	1	the	the	DET
amfbr-79	289	2	accounting	accounting	NOUN
amfbr-79	289	3	review	review	NOUN
amfbr-79	289	4	,	,	PUNCT
amfbr-79	289	5	79	79	NUM
amfbr-79	289	6	,	,	PUNCT
amfbr-79	289	7	667	667	NUM
amfbr-79	289	8	-	-	SYM
amfbr-79	289	9	686	686	NUM
amfbr-79	289	10	.	.	PUNCT
amfbr-79	290	1	graham	graham	PROPN
amfbr-79	290	2	,	,	PUNCT
amfbr-79	290	3	j.	j.	PROPN
amfbr-79	290	4	;	;	PUNCT
amfbr-79	290	5	c.	c.	PROPN
amfbr-79	290	6	harvey	harvey	PROPN
amfbr-79	290	7	;	;	PUNCT
amfbr-79	290	8	and	and	CCONJ
amfbr-79	290	9	s.	s.	PROPN
amfbr-79	290	10	rajgopal	rajgopal	PROPN
amfbr-79	290	11	.	.	PUNCT
amfbr-79	291	1	(	(	PUNCT
amfbr-79	291	2	2005).the	2005).the	DET
amfbr-79	291	3	economic	economic	ADJ
amfbr-79	291	4	implications	implication	NOUN
amfbr-79	291	5	of	of	ADP
amfbr-79	291	6	corporate	corporate	ADJ
amfbr-79	291	7	financial	financial	ADJ
amfbr-79	291	8	reporting	reporting	NOUN
amfbr-79	291	9	.	.	PUNCT
amfbr-79	292	1	journal	journal	NOUN
amfbr-79	292	2	of	of	ADP
amfbr-79	292	3	accounting	accounting	NOUN
amfbr-79	292	4	and	and	CCONJ
amfbr-79	292	5	economics	economic	NOUN
amfbr-79	292	6	,	,	PUNCT
amfbr-79	292	7	40	40	NUM
amfbr-79	292	8	,	,	PUNCT
amfbr-79	292	9	3	3	NUM
amfbr-79	292	10	-	-	SYM
amfbr-79	292	11	73	73	NUM
amfbr-79	292	12	.	.	PUNCT
amfbr-79	293	1	henry	henry	PROPN
amfbr-79	293	2	,	,	PUNCT
amfbr-79	293	3	d.	d.	PROPN
amfbr-79	293	4	(	(	PUNCT
amfbr-79	293	5	2001).the	2001).the	PRON
amfbr-79	293	6	numbers	number	NOUN
amfbr-79	293	7	game	game	NOUN
amfbr-79	293	8	:	:	PUNCT
amfbr-79	293	9	companies	company	NOUN
amfbr-79	293	10	use	use	VERB
amfbr-79	293	11	every	every	DET
amfbr-79	293	12	trick	trick	NOUN
amfbr-79	293	13	to	to	PART
amfbr-79	293	14	pump	pump	VERB
amfbr-79	293	15	earnings	earning	NOUN
amfbr-79	293	16	and	and	CCONJ
amfbr-79	293	17	fool	fool	NOUN
amfbr-79	293	18	investors	investor	NOUN
amfbr-79	293	19	the	the	DET
amfbr-79	293	20	an	an	DET
amfbr-79	293	21	empirical	empirical	ADJ
amfbr-79	293	22	research	research	NOUN
amfbr-79	293	23	on	on	ADP
amfbr-79	293	24	fu	fu	PROPN
amfbr-79	293	25	-	-	PUNCT
amfbr-79	293	26	wang	wang	PROPN
amfbr-79	293	27	foods	foods	PROPN
amfbr-79	293	28	ltd	ltd	PROPN
amfbr-79	293	29	:	:	PUNCT
amfbr-79	293	30	industry	industry	NOUN
amfbr-79	293	31	,	,	PUNCT
amfbr-79	293	32	strategy	strategy	NOUN
amfbr-79	293	33	,	,	PUNCT
amfbr-79	293	34	accounting	accounting	NOUN
amfbr-79	293	35	,	,	PUNCT
amfbr-79	293	36	ratio	ratio	NOUN
amfbr-79	293	37	,	,	PUNCT
amfbr-79	293	38	valuation	valuation	NOUN
amfbr-79	293	39	and	and	CCONJ
amfbr-79	293	40	proforma	proforma	NOUN
amfbr-79	293	41	analysis	analysis	NOUN
amfbr-79	293	42	k.	k.	PROPN
amfbr-79	293	43	m.	m.	PROPN
amfbr-79	293	44	anwarul	anwarul	PROPN
amfbr-79	294	1	islam	islam	PROPN
amfbr-79	294	2	11	11	NUM
amfbr-79	294	3	latest	late	ADJ
amfbr-79	294	4	abuse	abuse	NOUN
amfbr-79	294	5	:	:	PUNCT
amfbr-79	294	6	pro	pro	ADJ
amfbr-79	294	7	forma	forma	NOUN
amfbr-79	294	8	reporting.business	reporting.business	ADP
amfbr-79	294	9	week	week	NOUN
amfbr-79	294	10	.	.	PUNCT
amfbr-79	295	1	kumar	kumar	PROPN
amfbr-79	295	2	,	,	PUNCT
amfbr-79	295	3	a.	a.	PROPN
amfbr-79	295	4	,	,	PUNCT
amfbr-79	295	5	and	and	CCONJ
amfbr-79	295	6	c.	c.	PROPN
amfbr-79	295	7	lee	lee	PROPN
amfbr-79	295	8	.	.	PUNCT
amfbr-79	295	9	(	(	PUNCT
amfbr-79	295	10	2006	2006	NUM
amfbr-79	295	11	)	)	PUNCT
amfbr-79	295	12	.	.	PUNCT
amfbr-79	296	1	retail	retail	ADJ
amfbr-79	296	2	investor	investor	NOUN
amfbr-79	296	3	sentiment	sentiment	NOUN
amfbr-79	296	4	and	and	CCONJ
amfbr-79	296	5	return	return	VERB
amfbr-79	296	6	comovements	comovement	NOUN
amfbr-79	296	7	.	.	PUNCT
amfbr-79	297	1	journal	journal	PROPN
amfbr-79	297	2	of	of	ADP
amfbr-79	297	3	finance	finance	NOUN
amfbr-79	297	4	,	,	PUNCT
amfbr-79	297	5	61	61	NUM
amfbr-79	297	6	,	,	PUNCT
amfbr-79	297	7	2451	2451	NUM
amfbr-79	297	8	-	-	SYM
amfbr-79	297	9	2486	2486	NUM
amfbr-79	297	10	.	.	PUNCT
amfbr-79	298	1	lev	lev	PROPN
amfbr-79	298	2	,	,	PUNCT
amfbr-79	298	3	b.	b.	PROPN
amfbr-79	298	4	,	,	PUNCT
amfbr-79	298	5	and	and	CCONJ
amfbr-79	298	6	s.	s.	PROPN
amfbr-79	298	7	r.	r.	PROPN
amfbr-79	298	8	thiagarajan	thiagarajan	PROPN
amfbr-79	298	9	.	.	PUNCT
amfbr-79	299	1	(	(	PUNCT
amfbr-79	299	2	1993	1993	NUM
amfbr-79	299	3	)	)	PUNCT
amfbr-79	299	4	.	.	PUNCT
amfbr-79	300	1	fundamental	fundamental	ADJ
amfbr-79	300	2	information	information	NOUN
amfbr-79	300	3	analysis	analysis	NOUN
amfbr-79	300	4	.	.	PUNCT
amfbr-79	301	1	journal	journal	NOUN
amfbr-79	301	2	of	of	ADP
amfbr-79	301	3	accounting	accounting	NOUN
amfbr-79	301	4	research	research	NOUN
amfbr-79	301	5	31,190–215	31,190–215	PROPN
amfbr-79	301	6	.	.	PUNCT
amfbr-79	302	1	lougee	lougee	PROPN
amfbr-79	302	2	,	,	PUNCT
amfbr-79	302	3	b.	b.	PROPN
amfbr-79	302	4	,	,	PUNCT
amfbr-79	302	5	and	and	CCONJ
amfbr-79	302	6	c.	c.	PROPN
amfbr-79	302	7	marquardt	marquardt	PROPN
amfbr-79	302	8	.	.	PUNCT
amfbr-79	303	1	(	(	PUNCT
amfbr-79	303	2	2004	2004	NUM
amfbr-79	303	3	)	)	PUNCT
amfbr-79	303	4	.	.	PUNCT
amfbr-79	304	1	earnings	earning	NOUN
amfbr-79	304	2	informativeness	informativeness	NOUN
amfbr-79	304	3	and	and	CCONJ
amfbr-79	304	4	strategic	strategic	ADJ
amfbr-79	304	5	disclosure	disclosure	NOUN
amfbr-79	304	6	:	:	PUNCT
amfbr-79	304	7	an	an	DET
amfbr-79	304	8	empirical	empirical	ADJ
amfbr-79	304	9	examination	examination	NOUN
amfbr-79	304	10	of	of	ADP
amfbr-79	304	11	pro	pro	ADJ
amfbr-79	304	12	forma	forma	NOUN
amfbr-79	304	13	’	'	PUNCT
amfbr-79	304	14	earnings	earning	NOUN
amfbr-79	304	15	.	.	PUNCT
amfbr-79	305	1	the	the	DET
amfbr-79	305	2	accounting	accounting	NOUN
amfbr-79	305	3	review	review	NOUN
amfbr-79	305	4	,	,	PUNCT
amfbr-79	305	5	79,769	79,769	NUM
amfbr-79	305	6	-	-	SYM
amfbr-79	305	7	795	795	NUM
amfbr-79	305	8	.	.	PUNCT
amfbr-79	306	1	ou	ou	PROPN
amfbr-79	306	2	,	,	PUNCT
amfbr-79	306	3	j.	j.	PROPN
amfbr-79	306	4	a.	a.	PROPN
amfbr-79	306	5	,	,	PUNCT
amfbr-79	306	6	and	and	CCONJ
amfbr-79	306	7	s.	s.	PROPN
amfbr-79	306	8	h.	h.	PROPN
amfbr-79	306	9	penman	penman	PROPN
amfbr-79	306	10	.	.	PUNCT
amfbr-79	307	1	(	(	PUNCT
amfbr-79	307	2	1989	1989	NUM
amfbr-79	307	3	)	)	PUNCT
amfbr-79	307	4	.	.	PUNCT
amfbr-79	308	1	financial	financial	ADJ
amfbr-79	308	2	statement	statement	NOUN
amfbr-79	308	3	analysis	analysis	NOUN
amfbr-79	308	4	and	and	CCONJ
amfbr-79	308	5	the	the	DET
amfbr-79	308	6	prediction	prediction	NOUN
amfbr-79	308	7	of	of	ADP
amfbr-79	308	8	stock	stock	NOUN
amfbr-79	308	9	returns.journal	returns.journal	PROPN
amfbr-79	308	10	of	of	ADP
amfbr-79	308	11	accounting	accounting	NOUN
amfbr-79	308	12	and	and	CCONJ
amfbr-79	308	13	economics	economic	NOUN
amfbr-79	308	14	,	,	PUNCT
amfbr-79	308	15	11	11	NUM
amfbr-79	308	16	,	,	PUNCT
amfbr-79	308	17	295–329	295–329	NUM
amfbr-79	308	18	.	.	PUNCT
amfbr-79	309	1	copyrights	copyright	VERB
amfbr-79	309	2	copyright	copyright	NOUN
amfbr-79	309	3	for	for	ADP
amfbr-79	309	4	this	this	DET
amfbr-79	309	5	article	article	NOUN
amfbr-79	309	6	is	be	AUX
amfbr-79	309	7	retained	retain	VERB
amfbr-79	309	8	by	by	ADP
amfbr-79	309	9	the	the	DET
amfbr-79	309	10	author(s	author(s	PROPN
amfbr-79	309	11	)	)	PUNCT
amfbr-79	309	12	,	,	PUNCT
amfbr-79	309	13	with	with	ADP
amfbr-79	309	14	first	first	ADJ
amfbr-79	309	15	publication	publication	NOUN
amfbr-79	309	16	rights	right	NOUN
amfbr-79	309	17	granted	grant	VERB
amfbr-79	309	18	to	to	ADP
amfbr-79	309	19	the	the	DET
amfbr-79	309	20	journal	journal	NOUN
amfbr-79	309	21	.	.	PUNCT