In Calculating Earnings Per Share,the Denominator of the Equation Includes

question 48

Multiple Choice

In calculating earnings per share,the denominator of the equation includes:

• A)Only common stock outstanding.
• B)Common stock plus preferred stock.
• C)Common stock less preferred stock.
• D)The total shares of authorized common stock.

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Definitions:

Certified Check

Any check that is accepted by the bank from which the funds are drawn.

Teller's Check

A check drawn by a bank on its own funds and signed by a teller, often used in situations requiring guaranteed funds.

Depository Bank

A financial institution that holds and manages securities and assets on behalf of investors, such as stocks and bonds.

Payor Bank

A bank that is responsible for paying a check or draft presented for payment.