Multiple Choice
Which of the following statements about earnings per share (EPS) is correct?
A) Increased net income would cause earnings per share to decrease.
B) Issuance of more common shares would cause earnings per share to increase.
C) Purchasing treasury shares would cause earnings per share to decrease.
D) EPS is calculated using the number of common shares of stock outstanding.
Correct Answer:
Verified
Correct Answer:
Verified
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