Define earnings per share (EPS). Why is it required as an integral part of the income statement?

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Intermediate Accounting

ISBN: 978-0071339476

Volume 1, 6th Edition

Authors: Beechy Thomas, Conrod Joan, Farrell Elizabeth, McLeod Dick I

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Question Posted: Feb 17, 2015 07:44 AM

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Define earnings per share (EPS). Why is it required as an integral part of the income statement?

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Earnings per share shows the amount of income earned for each common share outstanding ...View the full answer

Intermediate Accounting

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