Earnings Per Share Is Computed as

question 17

Multiple Choice

Earnings per share is computed as

• A)net income divided by total stockholders' equity.
• B)EBIT divided by total stockholders' equity.
• C)pretax income minus current taxes divided by total shares outstanding.
• D)the addition to retained earnings divided by total shares outstanding.
• E)net income divided by total shares outstanding.

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Definitions:

French and Indian War

A conflict between France and Great Britain from 1754 to 1763 in North America, part of a larger struggle called the Seven Years' War, involving various Native American tribes.

Deteriorate

To become progressively worse over time.

Colonists

Individuals who settle in a new country or area, often for the purpose of establishing a colony that maintains ties with the parent country.

British

Relating to Great Britain, its people, culture, and history, or pertaining to the United Kingdom as a whole.