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what are transitory earnings and why would a user of financial statements want to distinguish them from permanent earnings? Yahoo Inc. underwent multiple restructuring plans

what are transitory earnings and why would a user of financial statements want to distinguish them from permanent earnings?

Yahoo Inc. underwent multiple restructuring plans between 2009 and 2014. If you were a financial analyst, what can you predict about the company's earnings quality during this period and how confident will you be in a projecting the company's financials for 2015?

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