Question: subject : financial statement analysis (Act 450) QUESTION 1) (20 pts) Answer the followings. a) Define Revenue and Gain (5 pts) and give one example

subject :financial statement analysis (Act 450) QUESTION 1) (20 pts) Answer

subject :financial statement analysis (Act 450)

QUESTION 1) (20 pts) Answer the followings. a) Define "Revenue" and "Gain" (5 pts) and give one example for each. (5 pts) b) One argues that "Revenues are more predictable, so they increase the quality of net profit." Do you agree? Briefly discuss. (10 pts)

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