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Earnings Per Share Is Calculated by Dividing the Total Number

question 112

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Earnings per share is calculated by dividing the total number of common shares outstanding by net income.


Definitions:

Attachment

The act of taking a person’s property and bringing it into the custody of law.

UPA

Uniform Partnership Act, which is legislation adopted by several states to provide a standard for the governance of business partnerships, including the rights and duties of partners.

Economic Interest

A financial stake or involvement in an enterprise or transaction that has the potential to affect an individual's or entity's wealth.

Surplus

Funds that remain after a partnership has been dissolved and all other debts and prior obligations have been settled.

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