Doogle Corporation sold a segment of its operations in 2009 and suffered a one-time loss in 2010. Which of the following would be the most useful in attempting to predict Doogle's performance for 2011?

Question

Quizplus · Accepted Answer

Since Doogle sold a segment of its operations and suffered a one-time loss in 2010, looking at the profit from continuing operations in both years (excluding the one-time loss) would give a more accurate indication of Doogle's future performance. Options B, C, and D may not provide relevant information for predicting future performance in this specific situation.

Doogle Corporation Sold a Segment of Its Operations in 2009