Question: Explain the usefulness of this calculation. e. Pfizer reports substantial tax benefits related to stock option transactions. State and justify whether these benefits should be

Explain the usefulness of this calculation.

e. Pfizer reports substantial tax benefits related to stock option transactions. State and justify whether these benefits should be considered part of cash from operations.

f. State and justify whether these benefits should be considered part of cash from operations if Pfizer recognized the cost of stock option grants in reported income.

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