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1- Earning per share is important to common shareholders for all of the following reasons, except: A) it indicates the amount of income that is
1- Earning per share is important to common shareholders for all of the following reasons, except:
A) it indicates the amount of income that is earned by each common share.
B)common shareholders have a residual interest in the company.
C)it is an indicator of cumulative dividend payments.
D) it is an indicator of the amount of income earned by each share.
2- Standard setters require the earning per share calculation be included
| A) only when there is a complex capital structure. |
| B) when is an indicator of cumulative dividend payments. |
| C) for all publicly traded companies. |
| D) under both IFRS and ASPE. |
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