Question
Net income is absolutely unbiased under ideal conditions of accounting but has no information content. Explain why this is so. Can traders earn abnormal returns
Net income is absolutely unbiased under ideal conditions of accounting but has no information content. Explain why this is so. Can traders earn abnormal returns by trading under ideal conditions of accounting?
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Management and Cost Accounting
Authors: Colin Drury
10th edition
1473748873, 9781473748910 , 1473748917, 978-1473748873
