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The Theory and Measurement of Business Income (Hardcover)
Loot Price: R1,597
Discovery Miles 15 970
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The Theory and Measurement of Business Income (Hardcover)
Expected to ship within 10 - 15 working days
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"This is a well-written book; the complex ideas are clearly
expressed and the arguments well stated. There is some apparent
rediscovery (and renaming) of old ideas, but the process is made
palatable and worthwhi le by the crispness of the discussion and
the un wavering penetration to the root of each issue as it arises.
Most difficult problems in the social sciences, the authors note,
have no definitive solutions, but simply outcomes. This book
deserves a niche among the classic works in the business income
literature as a significant milestone on the road to whatever
outcome the future holds."--The Journal of Business "Professors
Edwards and Bell give us a most satisfying study of different
concepts of business income. It is rare to find authors so much at
home in both economics and accounting. As they themselves suggest,
time may show that their programme needs amendment; but they state
the problem clearly and provide an excellent starting point. In
passing, they give help on many other questions--when to replace
plant, how to measure depreciation, which rate of compound interest
to use in budgets, and so on. Beyond doubt their book is the most
wise and original contribution to accounting theory since Professor
Bonbright wrote 'The Valuation of Property' a quarter of a century
ago."--The Economist
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