- UID
- 222258
- 帖子
- 393
- 主题
- 141
- 注册时间
- 2011-7-2
- 最后登录
- 2014-6-29
|
Schweser says the denominator here uses market value of assets less liabilities, while CFAI says it's the value of assets at replacement cost less liabilities.
Can anyone confirm the difference? Does it even matter? Sorry if this posted before.. |
|