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- Quiz Question 1 of 5
Why do we need to understand a business’s earnings power when we invest in stocks?
ExplanationExplanationChoose the best answer below: - Quiz Question 2 of 5
High quality businesses tend to be more profitable than low-quality businesses in the long-term.
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Which of the following are the standard adjustments we make to bridge from GAAP earnings to non-GAAP earnings?
ExplanationExplanationChoose the best answer below: - Quiz Question 4 of 5
After adjusting for non-cash items, we arrive at cash profit, which tells us how much cash the business has generated during the reported period.
ExplanationExplanationChoose the best answer below: - Quiz Question 5 of 5
GAAP earnings metrics represent what type of profit?
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