Given that accounting is backwards looking explain why, Finance Basics

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Given that accounting is backwards looking explain why

Question: 1. Given that accounting is backwards looking, explain why accounting accruals are informative about the future.

2. Given that investors appear to process accounting information imperfectly, discuss one price anomaly and how investors may profit from using this anomaly.

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Finance Basics: Given that accounting is backwards looking explain why

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Finance Basics: Given that accounting is backwards looking explain why

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