Give at least three examples of low-quality earnings items.
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Q139: Q140: An earnings surprise Q141: What is meant by sustainable earnings? Q142: Briefly discuss how a firm's P/E ratio Q143: Briefly define "abnormal earnings" and describe the Q145: One measure for determining expected earnings this Q146: P/E ratios are a useful indicator and Q147: Selected data are presented below for Q148: Recent values of P0 (current stock Q149: Briefly define an earnings surprise and explain
A)usually precedes a negative drift
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