What are the differences between the economists definition of capital and the accountants definition of capital? (LG

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What are the differences between the economist’s definition of capital and the accountant’s definition of capital? (LG 23-4)

a. How does economic value accounting recognize the adverse effects of credit risk?

b. How does book value accounting recognize the adverse effects of credit risk?

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ISE Financial Markets And Institutions

ISBN: 9781265561437

8th International Edition

Authors: Anthony Saunders, Marcia Cornett, Otgo Erhemjamts

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