unit 7 discussion part 2
Discussion topic 2: Commercial Damages
As the textbook authors point out, calculating commercial damages takes creative analysis as well as a step-by-step scientific approach. Each situation will be different.
- What are the major categories of commercial damages?
- Research one category and discuss what accounting records you would need to gather in order to perform the damage calculation.
- Discuss the different approaches to damage calculations.
- What calculation approach would you take in your example?