Comment on the following statement: Extraordinary gains or losses do not result from normal or planned business

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Comment on the following statement: “Extraordinary gains or losses do not result from ‘normal’ or ‘planned’ business activities and, consequently, they should not be used in evaluating managerial performance.” Do you agree?

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Financial Statement Analysis

ISBN: 978-0078110962

11th edition

Authors: K. R. Subramanyam, John Wild

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Question Posted: Jan 22, 2015 10:36 AM

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Comment on the following statement: Extraordinary gains or losses do not result from normal or planned business

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Most analysts probably would should disagree with this assertion Ma...View the full answer

Financial Statement Analysis

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