RAF Inc. reported 2014 earnings per share of $3.20 and had no extraordinary items. In 2015, EPS

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RAF Inc. reported 2014 earnings per share of $3.20 and had no extraordinary items. In 2015, 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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Financial Accounting

ISBN: 9781118334324

9th Edition

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

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Question Posted: Feb 17, 2014 11:24 AM

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RAF Inc. reported 2014 earnings per share of $3.20 and had no extraordinary items. In 2015, EPS

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

Financial Accounting

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