Question
The New Revenue Recognition Rules ASC 606 & IFRS 15 Q: Choose all that apply: The following ratios may be impacted by the adoption of
The New Revenue Recognition Rules ASC 606 & IFRS 15
Q: Choose all that apply: The following ratios may be impacted by the adoption of the new standard:
A. Revenue growth
B. Net margin
C. Return on equity
D. Price to earnings multiples
E. Return on assets
F. Debt to equity
G. Current ratio
The Question is: Why "Debt to equity" and "Current ratios" may be impacted?
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Auditing Investments
Authors: Barbara Davison
1st Edition
0894134272, 978-0894134272
