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Business, 13.12.2019 01:31, alyviariggins
All of the following statements are true regarding earnings per common share (eps) except:
a. corporations whose stock is publicly traded must report eps on their income statements.
b. eps is sometimes called basic earnings per share.
c. eps is calculated as (net income − preferred dividends) / average number of common shares outstanding.
d. eps cannot be calculated if a company has no preferred stock.
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Answers: 2
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