Which of the Following Is a Correct Statement Concerning Earnings

question 18

Multiple Choice

Which of the following is a correct statement concerning earnings per share?

• A)Earnings per share can never be a negative number.
• B)Earnings per share must be reported for all corporations.
• C)If a company has an extraordinary loss, at least two EPS amounts must be reported.
• D)Reported earnings per share is the result of dividing weighted-average shares by net income.

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