9.Discuss the reasons for and the financial statement effects of intraperiod tax allocation. 10.What is ‘pro forma’ as it relates to the income statement? 11.How does diluted earnings per share...

9.Discuss the reasons for and the financial statement effects of intraperiod tax allocation.

10.What is ‘pro forma’ as it relates to the income statement?

11.How does diluted earnings per share differ from the traditional basic earnings per share?

12.What is earnings persistence?

13.How has the movement toward internationalization of many businesses increased reporting of the number of special gains and losses on the income statement?