Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following components of net income have a high (greater than 1) earnings persistence? Group of answer choices A firm capitalizes organization costs

Which of the following components of net income have a high (greater than 1) earnings persistence?

Group of answer choices

A firm capitalizes organization costs

Gains or losses on disposals of capital assets that are not expected to recur and are not part of the firms normal operating activities

A positive permanent change in sales as a result of acquisitions

None of these answer choices is correct

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions