What is the difference between permanent and transitory earnings? Why is it important to distinguish between these

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What is the difference between permanent and transitory earnings? Why is it important to distinguish between these types of earnings if you're predicting future earnings?

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Financial Accounting A Critical Approach

ISBN: 978-1259066528

4th edition

Authors: John Friedlan

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Question Posted: Feb 26, 2015 12:05 PM

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What is the difference between permanent and transitory earnings? Why is it important to distinguish between these

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Permanent earnings are expected to be repeated in the future while transitory earning ...View the full answer

Financial Accounting A Critical Approach

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