Question and answer
The number of periods in compounding is found by multiplying number of years times the number of times compounded per year. True False
The number of periods in compounding is found by multiplying number of years times the number of times compounded per year. TRUE.
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Expert answered|VisTRA|Points 220|
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Asked 10/6/2012 8:47:17 PM
Updated 319 days ago|12/15/2019 8:18:25 PM
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This answer has been confirmed as correct and helpful.
Edited by jeifunk [5/24/2018 3:08:21 AM], Edited by Masamune [12/15/2019 8:18:23 PM], Confirmed by Masamune [12/15/2019 8:18:25 PM]
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Updated 6/15/2016 7:52:39 PM
1 Answer/Comment
Compounding calculates interest periodically.
Added 6/15/2016 7:52:39 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [6/15/2016 10:32:32 PM]
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1 Answer/Comment
Although a firm may use different inventory valuation methods, generally accepted accounting principles (GAAP) states that these methods must produce the same dollar value for the cost of goods sold. FALSE.
Added 11/28/2017 8:49:49 AM
This answer has been confirmed as correct and helpful.
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