Irregular or Unusual Gains or Losses That Don't Relate to Discontinued

question 61

Multiple Choice

Irregular or unusual gains or losses that don't relate to discontinued operations

• A)may be reported separately if they are material in amount.
• B)are generally combined with other gains and losses if they are immaterial.
• C)must be shown above "income before discontinued operations" and before the provision for income tax.
• D)All of these

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Definitions:

Expected Capital Gains Yield

The anticipated rate of return from an investment due to an increase in its market price, not including dividends or other income.

Dividend Yield

Defined as either the end-of-period dividend divided by the beginning-of-period price, or the ratio of the current dividend to the current price. Valuation formulas use the former definition.

Strong-Form Efficient

A hypothesis that states all information, both public and private, is completely reflected in stock prices, and no one can consistently achieve higher returns.

Realized Return

The actual gain or loss experienced on an investment over a specified period, taking into account dividends, interest, and capital gains.