Question

Earnings per share is a ratio that indicates Select one: a. profit earned by each common share b. profit earned by each prefe
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Earning per share is a ratio that indicates profit earned by each common share.

Correct option is a.

Earning per share is calculated as under:

Earning per share = ( Net income - Preferred dividends)/ Number of common shares outstanding

Hence, earning per share denotes income earned per common share.

Kindly comment if you need further assistance. Thanks‼!

Add a comment
Know the answer?
Add Answer to:
Earnings per share is a ratio that indicates Select one: a. profit earned by each common...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT