Which of the Following Statements Is Correct

Multiple Choice

Which of the following statements is correct?

A) The most widely quoted measure of a company's earnings performance is return on equity.
B) Earnings per share is calculated for a company's preferred stock.
C) Investors need to understand that the value of a company's earnings per share is affected by its choices of accounting principles and assumptions.
D) The book value per share measures the market value of a corporation's stock.