In predicting the future profitability of a business there is a basic limitation in the standard form

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‘In predicting the future profitability of a business there is a basic limitation in the standard form of income statement’. Discuss this statement.

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Accounting

ISBN: 978-1118608227

9th edition

Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett

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Question Posted: Jun 20, 2019 08:27 AM

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In predicting the future profitability of a business there is a basic limitation in the standard form

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If future analysis is based on the conventional income statement then the statement is true T...View the full answer

Accounting

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