Multiple Choice
Which of the following statements incorrectly describes earnings per share?
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.
Correct Answer:
Verified
Correct Answer:
Verified
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