Can someone provide an example of how classification of recurring revenue as nonrecurring revenue will understate current operating earnings?作者: trogulj 时间: 2011-7-13 16:13
Non-recurring items (i.e. discontinued operations) are reported as a separate line item on the income statement, after income from continuing operations, net of tax. so if recurring are classified as nonrecurring one is "deflating" operating earnings...?作者: JRossSter 时间: 2011-7-13 16:13