Walmart Inc. recently announced an agreement to sell their retail operations in Argentina. Due to this decision to divest of this business, Walmart will record a non-cash loss of approximately $1 billion, after tax, in the third quarter of fiscal 2021
What impact will this have on the fiscal 2021 earnings quality?
Question 36 options:
a)
Strengthens due to sustainability issues
b)
Weakens due to substance issues
c)
Strenthens due to substance issues
d)
Weakens due to sustainability issues
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