- UID
- 223346
- 帖子
- 483
- 主题
- 49
- 注册时间
- 2011-7-11
- 最后登录
- 2013-9-12
|
"For ratio computation purposes, King uses beginning-of-year balance sheet values rather than average balance sheet values. She considers this appropriate because year-end projected balance sheets are expected to remain essentially unchanged for both firms other than the direct effects of the acquisition."
Can someone help me explain this paragraph, the meaning of what?
thx |
|