Is it true that, when comparing the reported earnings of corporations, a dollar is a dollar?

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Is it true that, when comparing the reported earnings of corporations, "a dollar is a dollar"?

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Fundamentals of Investments

ISBN: 978-0132926171

3rd edition

Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey

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Question Posted: Mar 16, 2016 02:55 AM

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Is it true that, when comparing the reported earnings of corporations, a dollar is a dollar?

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It is not true that reported earnings numbers are always or even often directly comparable across c...View the full answer

Fundamentals of Investments

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