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Accounting Principle
Accounting principles are the primary assumptions, rules of operation, and necessary features that make up the framework for the construction of accounting financial statements.
In sequence to be useful, the accounting information must have certain features, such as being dependable and practical. For be dependable, the accounting information have to be accurate, unbiased, & verifiable. To be practical, accounting information have to be predictable, prepared in a timely fashion, & be able to give meaningful feedback. Additional characteristics are in which the accounting information must be consistent, comparable, serve a utilitarian required (such as cost/benefit), and make a material difference.
How do mergers affect communities? A: While a locally controlled bank is merged into a bank headquartered somewhere else (an out-of-market merger), a few apprehension about the i
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Explain the Implicit cost of capital Implicit cost of capital can be defined as the rate of return associated with the best investment opportunity for the firm and its Shareho
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Determine the Valuing Equity Securities Unlike debt and money market instruments, equity instruments represent ownership interest in the company. As owners should put in their
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what is the annual tax shield to a firm that has total assets of $80 million and a net worth of $55 million,if the average interest rate on debt is 8.5% and the marginal tax rate i
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Accounting Period - Accounting Principle Accounting period refers to span of time at the end of that and for which the financial statement are prepared to throw light on the r
Explain about the liquidity premium theory of the term structure of interest rates. Liquidity premium theory: Liquidity premium theory asserts which, into a world of unce
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