Which of the Following Is a Correct Statement Concerning Earnings

question 18

Multiple Choice

Which of the following is a correct statement concerning earnings per share?

• A)Earnings per share can never be a negative number.
• B)Earnings per share must be reported for all corporations.
• C)If a company has an extraordinary loss, at least two EPS amounts must be reported.
• D)Reported earnings per share is the result of dividing weighted-average shares by net income.

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Definitions:

Lipids

A group of naturally occurring molecules that include fats, waxes, sterols, fat-soluble vitamins (such as vitamins A, D, E, and K), monoglycerides, diglycerides, triglycerides, phospholipids, and others.

Proteins

Large biomolecules composed of one or more chains of amino acids, essential for the structure, function, and regulation of the body's tissues and organs.

Chyme

The semi-fluid mass of partly digested food that moves from the stomach to the small intestine for further digestion.

Gastric Fluid

Fluid secreted by the stomach lining; contains digestive enzymes, acid, and mucus.