one-time gains from acquisitions
(context: Wal-Mart International has grown into a $63 billion business. It is the fastest-growing part of Wal-Mart. Even subtracting one-time gains from acquisitions, it grew at nearly 12 percent, about double the rate of Wal-Martís American stores. )
1)Does $63 billion refer to the gains or the sales?
2)What does "one-time gains from acquisitions" mean and why is it subtracted?
Re: one-time gains from acquisitions
1. Total sales.
Originally Posted by llnn
2. It means the profits that were directly realted to acquiring another business, those having nothing to do with selling merchandise. When one subtracts those profits, the comparison to prior sales is more accurate.
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