A US company that complies with US GAAP would like to exclude some items in determining non-GAAP financial measures, other than EBIT and EBITDA. Which of the following items may be excluded?
- For performance measures, items tagged as infrequent that occurred within the past two years
- Impairment charges for long-lived assets
- For liquidity measures, litigation costs requiring cash settlement
B is correct. PLS EXPLAIN
Previously answered.Pls search