NOPAT Adjustment: Foreign Exchange Loss
March 31, 2014 at 16:15 PM EDT
The real earnings season is nearly over. For the past month and a half, our analysts have diligently gone through over 3,000 annual reports, Form 10-K’s, to make adjustments from GAAP numbers to economic earnings. This report features an interesting non-operating item we’ve discovered in numerous filings.
