Determination of earnings quality and persistence important

Assignment Help Financial Accounting

Reference no: EM13823275

Earnings are extremely important to a publicly traded company and the creditors and investors of that company. However, looking at earnings without regard to the quality of those earnings is hazardous to the health of creditors and investors.

Why is the determination of earnings quality and persistence important?

Explain recasting of the income statement, and give three examples of items that are reacted.

Explain adjusting of the income statement, and give three examples of items that are reacted.

Reference no: EM13823275

Questions Cloud

Discuss the impact upon and airline for violating dot rule : Discuss the impact upon and airline for violating DOT Rule, also include actions management should institute to prevent this from happening in their airline.

Develop a coherently structured paper with an introduction : Develop a coherently structured paper with an introduction, body, and conclusion. Provide a concluding paragraph that summarizes the stated problems and promises a solution.

Produces leather handbags : Albertville Inc. produces leather handbags. The production budget for the next four months is: July 5,000 units, August 7,000, September 7,500, October 8,000. Each handbag requires 0.5 square meters of leather. Albertville Inc.’s leather inventory po..

Rod readings are taken at the corners successively : A rectangular lot running N-S and E-W is 150 by 100 ft. To locate contours it is divided into 50-ft square blocks, and the following rod readings are taken at the corners successively along the E-W lines, proceeding from west to east, and beginning w..

Determination of earnings quality and persistence important : Earnings are extremely important to a publicly traded company and the creditors and investors of that company. However, looking at earnings without regard to the quality of those earnings is hazardous to the health of creditors and investors. Why is ..

Natural law school of jurisprudence : Which of the following is most consistent with the Natural Law School of jurisprudence?

Story building in order for major masonry rehabilitation : Scaffolding is to be constructed on all faces of a six-story building in order for major masonry rehabilitation work to be performed. The exposed surface area of the exterior walls of the building has been estimated to be 423,000 sq. ft. Historical r..

Determine the pertinent demographic social political factors : Determine the pertinent demographic, social, political, and economic factors about your chosen country. Examine the manner in which your chosen country's criminal code would likely view the crime you witnessed. Provide a rationale for the response. C..

Guideline for external monitoring-major changes in strategy : What pattern of behavior is most likely for a CEO who has been in office for 3-4 years? Which condition does not limit a chief executive's discretion to make major changes in the strategy of an organization? Which of the following was not given as a ..

User Account

All Pages