Earnings Per Share Is Calculated as Net Income Plus Preferred

question 57

True/False

Earnings per share is calculated as net income plus preferred dividends divided by the average number of common shares outstanding.

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Definitions:

Foucha V. Louisiana

A landmark U.S. Supreme Court case that ruled it unconstitutional to indefinitely confine someone in a psychiatric hospital if they were not mentally ill and did not present a danger to themselves or others.

Hospitalized Offenders

Individuals who have committed crimes and are undergoing treatment in a hospital setting, typically due to mental health issues or substance abuse.

Supreme Court

The highest federal court in the United States, which has the ultimate judicial authority to interpret and decide upon the constitutionality of laws.

Sex Crimes

Illegal acts that involve forced or unwanted sexual activity against one or more individuals.