Examlex
Which of the following statements is true?
Earnings Per Share
A company's profit divided by the outstanding shares of its common stock, indicating the company's profitability on a per-share basis.
Continuing Operations
Part of a company's business that is expected to continue operating into the foreseeable future, excluding any discontinued operations.
Unusual Items
Nonrecurring or unique charges or gains that are not expected to happen regularly, such as costs from lawsuits, restructuring, or natural disasters, that are reported separately in a company's financial statements.
Accounting Principles
Principles that provide the framework upon which accounting standards are constructed.
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