MRT Inc. reported 2013 earnings per share of $3.20 and had no extraordinary items. In 2014, EPS

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MRT Inc. reported 2013 earnings per share of $3.20 and had no extraordinary items. In 2014, EPS on income before extraordinary items was $2.99, and EPS on net income was $3.49. Is this a favorable trend?

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Managerial Accounting Tools for business decision making

ISBN: 978-1118096895

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Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Mar 22, 2012 06:33 AM

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MRT Inc. reported 2013 earnings per share of $3.20 and had no extraordinary items. In 2014, EPS

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Extraordinary items are events and transactions that are unusual in nature and infrequ...View the full answer

Managerial Accounting Tools for business decision making

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