Multiple Choice
How are earnings per share calculated?
A) the net income of the firm, divided by the amount of capital invested by the owners
B) the number of shares outstanding, divided by the value of owners' equity
C) the net income of the firm less any preferred dividend payout, divided by the number of shares outstanding
D) the number of shares outstanding, divided by the net income of the firm
Correct Answer:
Verified
Correct Answer:
Verified
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