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at your own Risk) General Electric likes to manipulate earnings by buying companies and incorporating the acquired earnings into it's financial results. Half way through
at your own Risk) General Electric likes to manipulate earnings by buying companies and incorporating the acquired earnings into it's financial results. Half way through the fourth quarter realizes it needs to acquire Delta Corporation which earned the following EPS in the firs 3 quarters: Quarter 1: .55 eps Quarter 2: .45 eps Quarter 3: .10 eps Delta Corporation is expected to earn 22 during the fourth quarter. If the acquisition takes place 1/2 way during the fourth quarter of 2021, the GE includes all $1.22 in EPS for quarter in it's consolidated figures True False
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