Explain the Bardahl formula. Why have some tax authorities said that this formula implies a greater degree

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Explain the Bardahl formula. Why have some tax authorities said that this formula implies a greater degree of mathematical precision than is actually the case? Does the Bardahl formula apply to service companies?

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Federal Taxation 2016 Comprehensive

ISBN: 9780134104379

29th Edition

Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson

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Question Posted: Dec 11, 2015 03:24 AM

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Explain the Bardahl formula. Why have some tax authorities said that this formula implies a greater degree

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The Bardahl formula is used to estimate the amount of working capital needed for one operating cycle ...View the full answer

Federal Taxation 2016 Comprehensive

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