Equity earnings can distort the reported results of a business's operations.

Name: Equity earnings can distort the reported results of a business's operations.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Equity earnings refer to a company's share of profits or loss from an investment in another entity. These earnings can have a significant impact on a company's reported results, particularly if the investment is in a large and profitable company. Therefore, equity earnings can distort a business's reported results of operations.

Equity Earnings Can Distort the Reported Results of a Business's