Why is earnings available to common shareholders used in place of net income in computing earnings per

Question:

Why is earnings available to common shareholders used in place of net income in computing earnings per share?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Accounting A Decision Making Approach

ISBN: 9780471328230

2nd Edition

Authors: Thomas E. King, Valdean C. Lembke, John H. Smith

Question Posted: