Positive and negative evidence


Discuss some of the positive and negative evidence used to establish the need for a valuation allowance for a tax loss carry-forward. Also, indicate the effect of the valuation allowance on the free cash flow forecast.

This is a graduate level paper. It is part of an assignment that must pass peer review.

The Paper should be two pages long.

It requires APA in text citations and references.

References must be peer reviewed. In short this means using any encyclopedia material will not be acceptable.

a minimum of three sources is needed.

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Finance Basics: Positive and negative evidence
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