Earnings Per Share Is Computed on the Basis Of

question 42

Multiple Choice

Earnings per share is computed on the basis of:

• A) A weighted average of the number of common shares outstanding during the year.
• B) A weighted average of the number of preferred and common shares outstanding during the year.
• C) The number of common shares outstanding at the end of the year.
• D) The number of common and preferred shares outstanding at the end of the year.

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