Multiple Choice
Which of the following statements regarding earnings per share (EPS) is correct?
A) It equals net income divided by the number of authorized common shares.
B) It equals net income divided by the number of outstanding common shares.
C) It equals net income divided by the number of issued common shares.
D) It equals net income divided by the number of treasury shares.
Correct Answer:
Verified
Correct Answer:
Verified
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