When the Basic and Diluted Earnings Per Share Amounts Are

question 77

Essay

When the basic and diluted earnings per share amounts are disclosed on the income statement, additional disclosures are made in the footnotes.
Required:
Describe the information contained in the footnotes disclosure concerning the basic and diluted earnings per share.

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Definitions:

Distributive Justice

The perceived fairness of how resources and rewards are distributed within a society or organization.

Personal Commitment

denotes a personal or emotional investment into a cause, project, or goal, driving individuals to persevere in their efforts.

Ethical Perspective

The viewpoint from which an individual or group evaluates actions and decisions based on moral principles and values.

Millennials

A demographic group succeeding Generation X, generally identified as individuals born between the early 1980s and the late 1990s.