Joan Holtz (D)

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Title: Joan Holtz (D)

Essay Details:

Subject: Business

Author: Kassie P

Date: January 9, 2015

Level: University

Grade: B

Length: 10 / 2976

Essay text:

Also many of these issues tend eventually to result in an FASB, AICPA, or SEC pronouncement. Since seldom will a beginning student be aware of these pronouncements, they do not preclude continuing to use a part of this case, and then revealing at the end of that part's discussion whether the accounting rule-making body reached the same conclusion as the class did. Comments on Questions 1. The question is equivalent to asking, what is the future value of $100 invested at 10 percent compound interest, 127 years (1998 - 1871) from now? The answer is $100 (1,10)127 = $18,066,000. We subsequently read that the man, after giving his town officials a good scare, did not pursue the matter further, because?had he prevailed?it would have bankrupted the town...

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