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Discuss whether there are any items on the income statement that you would adjust for or eliminate to forecast the future profitability of your company.
Discuss whether there are any items on the income statement that you would adjust for or eliminate to forecast the future profitability of your company. That is, are there transitory items or items you believe management is manipulating to reach a target earnings number. If so, discuss the changes in profitability of your company after making the adjustments above and Select a few profitability ratios to calculate (using your adjusted amounts) and then briefly discuss any changes you note regarding profitability.
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