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As bile is produced,it drains into
Basic Earnings
The amount of profit earned by a company on a per-share basis, before any deductions or adjustments.
Noncumulative
Pertains to dividends that, if missed by a company, are not required to be paid out to shareholders in the future.
Diluted Earnings Per Share
A calculation of earnings per share that includes potential shares from convertible securities, providing a "worst-case" scenario of earnings per share.
Basic Earnings
The amount of profit attributable to shareholders before deductions for preferred dividends, calculated on a per-share basis.
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