An analyst reviewing a fi rm with a large reported restructuring charge to earnings should: A .

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An analyst reviewing a fi rm with a large reported restructuring charge to earnings should:

A . view expenses reported in prior years as overstated.

B . disregard it because it is solely related to past events.

C . consider making pro forma adjustments to prior years’ earnings.

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International Financial Statement Analysis Workbook

ISBN: 9781119628095

4th Edition

Authors: Thomas R. Robinson, Elaine Henry, Wendy L. Pirie

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