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Gagan Mishra

Job Interview Skills
English
2 years ago

26. Is Financial Accounting Necessary?

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Abhishek Mishra

2 years ago

Yes, the accounting calculates the cost of capital to the business. It compares the current, expected, and historic rates of return. Suppose a company is making 12% returns but borrowing money by using the owner's credit card at 22% be good to know that.

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