{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Which number - study noted that in 2001 companies in the...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Which number—net income or income from operations—should an analyst use in evaluating companies that have unusual items? Some argue that operating income better represents what will happen in the future. Others note that special items are often no longer special. For example, one
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: study noted that in 2001, companies in the Standard & Poor’s 500 index wrote off items totaling $165 billion—more than in the prior five years...
View Full Document

{[ snackBarMessage ]}

Ask a homework question - tutors are online