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

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RAF 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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Accounting Principles

ISBN: 9781118566671

11th Edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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Question Posted: Jan 30, 2014 03:29 AM

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RAF 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

Accounting Principles

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