Part 1 – Section E.7. Earnings-based analysis

CMA1.E7.a. identify the determinants and indicators of earnings quality

CMA1.E7.b. define earnings persistence and identify its determinants

CMA1.E7.c. recast earnings to show persistent earnings for a company, excluding erratic, unusual, and nonrecurring items

CMA1.E7.d. demonstrate an understanding of the relationship between accounting data and stock prices

CMA1.E7.e. calculate and interpret the fundamental valuation multiples of the market/book ratio and the price/earnings ratio

CMA1.E7.f. calculate and interpret basic and diluted earnings per share

CMA1.E7.g. define the concept of earnings power

CMA1.E7.h. calculate and interpret earnings yield, dividend yield, and dividend payout