An article in the financial press noted that MicroStrategy (USA) reported higher income than its competitors by
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An article in the financial press noted that MicroStrategy (USA) reported higher income than its competitors by using a more aggressive policy for recognizing revenue on future upgrades to its products. Some contend that MicroStrategy’s quality of earnings is low. What does the term “quality of earnings” mean?
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The quality of earnings refers to the percentage of revenue generated by a companys principal operat...View the full answer
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Related Book For 
Intermediate Accounting IFRS
ISBN: 9781119607519
4th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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