Which of the Following Would Appear as an Unusual Item

question 54

Multiple Choice

Which of the following would appear as an unusual item on the income statement?

• A) loss resulting from the sale of fixed assets
• B) gain resulting from the disposal of a segment of the business
• C) presentation of earnings per share
• D) stock split

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Definitions:

Earnings Per Share

A measure of a company's profitability calculated by dividing its net income by the number of its outstanding shares.