Earnings Per Share Is Calculated by Dividing Net Income Minus

question 49

True/False

Earnings per share is calculated by dividing net income minus preferred dividends by the average number of shares of common stock outstanding.

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Definitions:

Process Approach

A method in various disciplines that emphasizes the importance of procedures, stages, or steps in accomplishing a goal or solving a problem.

Entrepreneurship

The process of designing, launching, and running a new business, typically starting as a small business, such as a startup.

Social Enterprise

organizations that operate commercially to address social problems, combining business practices with social objectives.

Philanthropic

Pertaining to the act of giving money, time, or effort to support a cause or mission that benefits society, often without financial or material return to the giver.