10.15 LO2 Ratios that use values from both the income statement and the balance sheet require the...

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10.15 LO2 Ratios that use values from both the income statement and the balance sheet require the calculation of average amounts for the balance sheet amounts. Why is this done, and when will the usual method of calculating this average be inappropriate?

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Accounting For Business Students

ISBN: 9781488616570

1st Edition

Authors: Peter Atrill, Eddie Mclaney, David Harvey

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