Which of the Following Is Not True About EPS

question 52

Multiple Choice

Which of the following is not true about EPS?

• A)It must be reported by all corporations whose stock is publicly traded.
• B)It must be reported separately for discontinued operations.
• C)It must be reported separately for extraordinary items.
• D)It must be reported on operating income.

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Definitions:

Elasticity Coefficient

A numerical value that measures the responsiveness of the quantity demanded or supplied of a product to a change in one of its determinants, such as price or income.

Percentage Change

A mathematical calculation that indicates the degree of change over time, expressed as a percentage, often used to measure growth or decline in economic indicators.

Price Elasticity

A measure of how much the quantity demanded or supplied of a good responds to a change in its price, indicating how sensitive the quantity is to price changes.

Quantity Demanded

The cumulative quantity of a product or service that buyers are ready and capable of buying at a certain price level.