Question
1. What is meant by the term earnings quality? Please explain. 2. Some revenues and expenses are designated as operating while others may be classified
1. What is meant by the term "earnings quality"? Please explain.
2. Some revenues and expenses are designated as "operating" while others may be classified as "non-operating". What does this difference mean? Why is it important for a user to know this when reviewing an income statement?
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The Analysis And Use Of Financial Statements
Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried
2nd Edition
0471111864, 978-0471111863
