C17.14. Some firms suggest that investors focus onpro forma earnings rather than reportedearnings. Theirproforma earnings usually exclude
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C17.14. Some firms suggest that investors focus on"pro forma" earnings rather than reportedearnings.
Theirproforma earnings usually exclude amortizations of goodwill andshares oflossesin subsidiaries. Is thisgood advice?
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Related Book For
Financial Statement Analysis And Security Valuation
ISBN: 9780071267809
4th International Edition
Authors: Penman-Stephen-H, Steven Penman
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