Which of the Following Might an Analyst Not Want to Eliminate

question 19

Multiple Choice

Which of the following might an analyst not want to eliminate from past earnings when using past earnings to forecast future earnings?

• A) Nonrecurring gains from the sale of assets
• B) Unusual asset impairment charges
• C) Nonrecurring restructuring charges
• D) Revenue from the sale of inventory

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Definitions:

Bytes

A unit of digital information that typically consists of eight bits, commonly used to encode a single character of text in a computer.

Single Byte

The unit of digital information in computing and telecommunications that most often consists of eight bits.

Kilobyte

A unit of memory or data equal to 1,024 bytes, used to quantify digital information.

Bytes

Fundamental units of digital information in computing and telecommunications, typically consisting of 8 bits.