Discuss how, in choosing the accounting methods below, the following ratios can be affected return on
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Discuss how, in choosing the accounting methods below, the following ratios can be affected — return on assets, quick ratio, profit margin, asset turnover:
(a) a change in accounting method for depreciation from straight line to diminishing balance
(b) an impairment of goodwill
(c) writing down obsolete inventory.
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Related Book For
Accounting
ISBN: 9780730382737
11th Edition
Authors: John Hoggett, John Medlin, Keryn Chalmers, Claire Beattie
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