Important element in financial planning process
Behavioural finance is a relatively new discipline. What is behavioural finance and why should it be considered to be an important element in the financial planning process? no more than 300 words for this question
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On June 30, 2012, Carmack Company concludes that a customer's $3,750 receivable(created in 2011) is uncollectible and that the account should be written off. What effect will this action have on Carmack's 2012 net income? Explain.
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