Give examples of components of net income with a. High persistence b. Persistence of 1 c. Persistence

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Give examples of components of net income with
a. High persistence
b. Persistence of 1
c. Persistence of 0 Assume that the firm uses historical cost accounting.

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Financial Accounting Theory

ISBN: 978-0132984669

7th edition

Authors: William R. Scott

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Question Posted: Sep 09, 2014 11:10 AM

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Give examples of components of net income with a. High persistence b. Persistence of 1 c. Persistence

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a Examples of components of net income with high persistence include permanent changes in sales as a result say of changes in competition new technolo...View the full answer

Financial Accounting Theory

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