Question: Equity earnings can represent a problem in analyzing profitability because 1. Equity earnings may not be related to cash flow. 2. Equity earnings are extraordinary.

Equity earnings can represent a problem in analyzing profitability because 1. Equity earnings may not be related to cash flow.

2. Equity earnings are extraordinary.

3. Equity earnings are unusual.

4. Equity earnings are not from operations.

5. Equity earnings are equal to dividends received.

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