Thought point what is the relationship between book value, Ask an Expert

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The same accounting rules that affect book value also affect income measurements used? in "shareholder value" tests (ie. accounting-based rate of return measures. )

Thought point: what is the relationship between book value and accounting income? what does this imply anbout the way we should "value "income?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M944434

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