Answer these questions about a corporate income statement: 1. How do you measure gross margin? 2. What
Question:
1. How do you measure gross margin?
2. What is the title of those items that are unusual, infrequent, and over which management has no influence or control?
3. Which income number is the best predictor of future net income?
4. What is the "bottom line"?
5. What does EPS abbreviate?
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