Question: A reason that equity earnings create a problem in analyzing profitability is because 1. Equity earnings are nonrecurring. 2. Equity earnings are extraordinary. 3. Equity

A reason that equity earnings create a problem in analyzing profitability is because 1. Equity earnings are nonrecurring.

2. Equity earnings are extraordinary.

3. Equity earnings are usually less than the related cash flow.

4. Equity earnings relate to operations.

5. None of the above.

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