Which of the Following Statements Regarding Earnings Per Share (EPS)is

question 262

Multiple Choice

Which of the following statements regarding earnings per share (EPS) is incorrect?

• A) EPS for income from continuing operations must be reported on the face of the income statement.
• B) EPS is the most widely used of all business statistics.
• C) When computing EPS, preferred dividends are subtracted from net income because the preferred stockholders have the first claim to dividends.
• D) EPS reports the amount of income (loss) for each share of the company's issued common stock.

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Definitions:

Axial Skeleton

The part of the skeleton that includes the skull, vertebral column, ribs, and sternum, supporting the central axis of the body.

Clavicle

A long bone that serves as a strut between the shoulder blade and the sternum or breastbone, also known as the collarbone.

Coronoid Process

A protrusion on the upper end of the ulna, a bone in the forearm, which serves as an attachment point for muscles.

Mental Foramen

An opening in the jaw bone through which blood vessels and nerves pass, usually located near the lower premolars.