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You are considering investing in Cherokee Transportation. The company reports 2014 earnings per share of $6.50 on

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You are considering investing in Cherokee Transportation. The company reports 2014 earnings per share of $6.50 on income before extraordinary items and $4.75 on net income. Which EPS figure would you consider more relevant to your investment decision?
Why?

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EPS on income before extraordinary items usually is more relevant to an investment ...View the full answer


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