What is GAAP

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Q1. What are examples of profitability ratios?  Why are they important? Who might use them and why?

Q2. Why are capital budgeting evaluation methods important? What are the typical capital budgeting techniques used by corporations? What would you use to evaluate a mutually exclusive project?

Q3. What is GAAP? Why is GAAP important? What is IFRS and where is it used?  What are 3 differences between GAAP and IFRS?

Reference no: EM133089625

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