Which of the Following Statements Incorrectly Describes Earnings Per Share

Multiple Choice

Which of the following statements incorrectly describes earnings per share (EPS) ?

A) Earnings per share is a ratio calculated per common share.
B) An increase in the market price per common share does not result in a decrease in earnings per share.
C) An increase in dividends per share results in an increase in earnings per share.
D) The reissue of treasury stock decreases earnings per share.