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Ethics Case 148 - Hunt Manufacturing - Debt for equity swaps; have your cake and eat it too LO5The cloudy afternoon mirrored the mood of the conference of division managers. Claude Meyer, assistant to the controller for Hunt Manufacturing, wore one of the gloomy faces that were just emerging from the conference room. Wow, I knew it was bad, but not that bad, Claude thought to himself. I dont look forward to sharing those numbers with shareholders.The numbers he discussed with himself were fourth quarter losses which more than offset the profits of the first three qua

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