Explain 3 Instances When the Fair Value of the Non-Current

question 63

Essay

Explain 3 instances when the fair value of the non-current liability will not equal the cash proceeds.

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Definitions:

Normally Distributed Curve

A mathematical depiction illustrating a bell-shaped distribution where the data exhibits a symmetrical spread around the mean value.

Median

The median is the central number in a series of data after it has been organized in either increasing or decreasing sequence.

Median

The middle value in a list of numbers, which divides the data set into two halves.

Standard Deviations

A numerical metric that calculates the extent of spread or deviation of a dataset values from its average.