Multiple Choice
Which of the following statements regarding earnings per share (EPS) is correct?
A) EPS can't be used to compare different size companies.
B) Investors expect a higher EPS for companies with higher stock prices.
C) It is calculated by dividing net income by the number of common shares issued.
D) It increases when the number of shares of common stock outstanding increases.
Correct Answer:
Verified
Correct Answer:
Verified
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