Which of the following items is consistent with earnings not being informative about current performance but are informative about future earnings?
a. The firm recognizes an unexpected gain
b. The firm recognizes a fair value gain on a financial asset as a result of a favorable move in interest rates.
c. The firm recognizes additional expenses this period due to pre-opening costs associated with new stores.
d. The firm experiences a large jump in sales and earnings as a result of successful research and development of new products.
C
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Milo owns and manages a small bike repair store. In order to determine if strategic planning will be likely to help his business, Milo should primarily assess
A. how many competitors he has. B. foot traffic by his location. C. his profitability in the prior six months. D. industry trends. E. how much he intends to grow in the next five years.
Department heads and division managers are examples of __________.
Fill in the blank(s) with the appropriate word(s).
What type of error occurs if you fail to reject H0 when, in fact, it is not true?
a. Type II b. Type I c. either Type I or Type II, depending on the level of significance d. either Type I or Type II, depending on whether the test is one-tailed or two-tailed
A(n) ____________________ is a written promise to repay money loaned on the due date specified
Fill in the blank(s) with correct word