Question
When considering the fair value of a share, what variable is of direct interest to investors (the answer is not accounting earnings)? Why then, do
When considering the fair value of a share, what variable is of direct interest to investors (the answer is not accounting earnings)? Why then, do we expect to observe a relationship between accounting earnings and share prices?
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Introduction To Financial Accounting
Authors: Charles T Horngren, John A Elliott
9th Edition
0131479725, 978-0131479722
