Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. why does simple rate of return use accrual account

Why does simple rate of return use accrual accounting instead of cash flows? Is there...

50.1K

Verified Solution

Question

Accounting

Why does simple rate of return use accrual accounting instead of cash flows? Is there a reason for this or is it just how it is done?

Thank you in advance!

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Using an example of each, expalin the key differences in the consumer decision making process between...

General Management
Q

A wire is bend at an angle 0 A rod of mass m can slide...

Physics
Q

Researchers asked 200 families whether or not they were homeowners and how many cars they...

Geometry
Q

5 7 asic Inferences About for a Normal Population Unknown 5 34 Provide the rejection...

Statistics
Q

1 Rewrite the following equation into STANDARD form Then identify the y intercept y 2x...

Algebra
Q

If the Babylonian numeral V stands for one and the Babylonian numeral

Algebra
Q

Write the radical expression as an exponential expression 4xy5 4 4xy5 Use integers or fractions...

Algebra
Q

Use the following information to answer questions 9-11: Falconi...

Accounting
Q

1- Marco provides all of the support for his mother, Sienna, who lives by herself...

Accounting
Q

On January 1, 2018, Brooks Corporation exchanged $1,183,000 fair-value consideration for all of the outstanding...

Accounting
Q

Santana Inc. manufactures widgets. The end product is produced in different departments within the plant....

Accounting
Q

According to Carroll (1979), which of the following was nota category for the grouping of...

Accounting