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For a going concern, company value can be expressed by: multiplying permanent income by the market value per share. dividing permanent income by the market
For a going concern, company value can be expressed by: multiplying permanent income by the market value per share. dividing permanent income by the market value per share. multiplying permanent income by the cost of capital. dividing permanent income by the cost of capital. Question 2 (0.5 points) Which of the following would affect the comparability of accounting information for a given company from one accounting period to the next? I. Change in accounting principles II. Disposition of segment of business III. Restructuring expenses IV. Change in auditors I, III and IV I, II and III I and III I and II Question 3 (0.5 points) The two primary qualities of accounting information to make it useful for decision making are: full disclosure and relevance. materiality and comparability. relevance and reliability. reliability and comparability
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