Why is earnings per share called the bottom line? What is EBIT, or operating income?

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Why is earnings per share called “the bottom line”? What is EBIT, or operating income?

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Fundamentals Of Financial Management

ISBN: 9780357517574

16th Edition

Authors: Eugene F. Brigham, Joel F. Houston

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Question Posted: Feb 27, 2024 03:12 AM

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Why is earnings per share called the bottom line? What is EBIT, or operating income?

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Earnings per share EPS is referred to as the bottom line because it represents the portion of a comp...View the full answer

Fundamentals Of Financial Management

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