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Extraordinary items are always presented gross of applicable income taxes

Extraordinary items are always presented gross of applicable income taxes


TRUE/FALSE

1.	The term primary analysis is used to describe consistent and conservative analysis.



	2.	Equity earnings can distort the reported results of a business- operations.



	3.	Ideally, income from continuing operations would be the better income figure to use to project the future from the analysis of historical statements.


	4.	In analysis of income, for purposes of determining a trend, extraordinary items should be included.

	

	5.	Extraordinary items are always presented gross of applicable income taxes.




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Other / Other
26 Mar 2016

Answers (1)

  1. Genius

    Extraordinary items are always presented gross of applicable income taxes

    Extraordinary items are always presented gross of applicabl ****** ******
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