The Accounting Review Vol. 47 No. 4 1972
Discounted Cash Flows, Price-Level Adjustments and Expectations: A Reply.
Abstract
Presents a reply by Thomas R. Dyckman to the author's article on "Discounted Cash Flows, Price-Level Adjustments and Expectations." Information on price-level adjustments that have generally been defended as translations of cost information; Discussion on objective of accounting, which was not to maintain the real assets of the firm; Comparison of $317 income to a price-level adjusted income of $87.
- DOI
- 10.2308/tar-17334079
- Volume
- 47
- Issue
- 4
- Pages
- 799-800
- Language
- en
- Sources
- openalex crossref