Which Statement Below Is True Regarding EPS and a Company's

question 66

Multiple Choice

Which statement below is true regarding EPS and a company's financial statements?

• A)EPS is based on the weighted- average shares of common stock outstanding for an accounting period.
• B)An EPS figure should be calculated and presented for each significant element of net income on the income statement.
• C)EPS based on the actual outstanding number of common shares of stock is called diluted EPS.
• D)The EPS calculation never takes into consideration preferred stock or preferred stock dividends.

---

Definitions:

Social Environments

The immediate physical and social setting in which people live or in which something happens, including the culture that individuals are educated or live in, and people and institutions with whom they interact.

Socialization

The process by which individuals learn and adopt the norms, values, and behaviors necessary for functioning in their society.

Society

A group of people living together in a more or less ordered community with shared laws, traditions, and values.

Nature Versus Nurture

A debate concerning whether human behavior is determined by the environment, including culture and experience (nurture), or by genetics and biological factors (nature).