Standard Setters Are Very Specific Regarding the Calculation of EPS

question 70

Multiple Choice

Standard setters are very specific regarding the calculation of EPS for all of the following reasons EXCEPT

• A) predictor of future company value.
• B) it can be used to assess management stewardship.
• C) the income tax consequences of increased share value.
• D) because of the dilutive nature of complex financial instruments.

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