Which of the following is the major limitation of using EBITDA for analyzing foreign financial statements? A)
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Question:
Which of the following is the major limitation of using EBITDA for analyzing foreign financial statements?
A) It is nearly impossible for most financial analysts to calculate this number.
B) Few analysts understand what this earnings number represents.
C) The excluded items may be important factors for evaluation.
D) It cannot be converted from a foreign currency to a domestic currency.
Related Book For
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
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