Accruals Ratio = (NOAt – NOAt-1)/ ((NOAt + NOAt-1)/2)
Can someone explain why we do not use NOAt-2 and NOAt-3 in the denominator?
Accruals Ratio = (NOAt – NOAt-1)/ ((NOAt + NOAt-1)/2)
Can someone explain why we do not use NOAt-2 and NOAt-3 in the denominator?