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Why do companies write off their investment?

Anonymous

∙ 15y ago

Updated: 8/18/2019

The investment has to written off to avoid the double counting of funds and business can consider the amount that has been take way from the business and been already invested wait for the return as dividend

Wiki User

∙ 15y ago

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Was the Investment Company Institute once the National Association of Investment Companies?

The Investment Company Institute was the National Association of Investment Companies

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Association of Investment Companies was created in 1932.

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The National Association of Investment Companies became the Investment Company Institute

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