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Answer all of them. The options are listed below Pro-Forma or Non-GAAP Earnings tend to fall into two categories. The first category involves eliminating transitory

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Answer all of them. The options are listed below

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Pro-Forma or Non-GAAP Earnings tend to fall into two categories. The first category involves eliminating transitory items not expected to continue in the future to arrive at sustainable earnings, which should be more highly correlated with future earnings and stock price. Match the following types of transitory items with their description. Gains and losses on sales of assets [ Choose ] Litigation loss [ Choose ] Impairment or write-off [ Choose ] > Restructuring charge [ Choose ] > Discontinued operations Choose [ Choose ] losses from legal cases are equal to required payments. if a firm sells or discontinues a separately identifiable segment of their business, the revenues and expenses associated with operating and closing down the segment plus gains and losses from th if a firm sells an asset for more (less) than what is on the balance sheet, they recognize a gain (loss) on the income statement. if the fair value of an asset falls below the amount recognized on the balance sheet, a loss is recognized. if a firm decides to change a portion of their business operations, the estimated cost of employee layoffs and closing facilities is recognized up front when the restructuring is formally announced. Imnairmont or writo off

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