Multiple Choice
Earnings per share (EPS) is calculated as:
A) the number of shares of common stock outstanding at the end of the year divided by net income.
B) net income divided by the number of shares of common stock outstanding at the end of the year.
C) net income divided by the average number of shares of common stock outstanding throughout the year.
D) the average number of shares of common stock outstanding throughout the year divided by net income.
Correct Answer:
Verified
Correct Answer:
Verified
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