Discuss the different approaches to damage calculations

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Reference no: EM131792748

Problem: Commercial Damages As the textbook authors point out, calculating commercial damages takes creative analysis as well as a step-by-step scientific approach. Each situation will be different.

Questions: 1. What are the major categories of commercial damages?

2. Research one category and discuss what accounting records you would need to gather in order to perform the damage calculation.

3. Discuss the different approaches to damage calculations.

4. What calculation approach would you take in your example?

Reference no: EM131792748

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