标题: CFAI MOCK AM-MERICK CASE [打印本页] 作者: HuskyGrad2010 时间: 2011-7-13 13:44 标题: CFAI MOCK AM-MERICK CASE
"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
