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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 companys earnings quality during this period and how confident will you be in projecting the companys financials for 2015?

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