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One would restate a financial statement is, for example, new information comes to light after the financial statement was first produced. Sometimes accounting rules change and to allow comparison with accounts done under the new rules, previous accounts are restated to comply with the new rules.
it is also known as general price level accounting. under this method all items in the financial statements are restated in terms of constant unit of money.
a - b = c can be restated as a = b + c
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A restated opinion refers to a revised version of an initial opinion or assessment, often provided in legal, financial, or academic contexts. This revision typically clarifies or updates the original opinion based on new evidence, insights, or interpretations. Restated opinions aim to enhance understanding or address any inaccuracies in the previous statement, ensuring that the information remains relevant and accurate.
The difference ( a - b ) can be restated as an equivalent addition statement by rewriting it as ( a + (-b) ). This shows that subtracting ( b ) from ( a ) is the same as adding the negative of ( b ) to ( a ). Thus, both expressions yield the same result.
a + (-b)
like for example a+b=c...
a - b = c c + b = a
By adding the negative. 9 - 7 = 9 + (-7)
Corresponding compounding is the interest rate on loan or the financial product restated from nominal interest rate as an interest rate with an annual compound interest.
Rstmt.