Perspectives for determining financial performance

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A) Compare and contrast primary valuation alternatives: historical costs (purchase price less accumulated depreciation), fair value (market price), and the mixed attributed measurement model. In your opinion which one represents a better valuation alternative, why?

B) Discuss and analyze alternative perspectives for determining financial performance. Out of three methods (Cash flows reporting, Accrual accounting, Tax reporting), which one do you prefer, why?

Reference no: EM132118683

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