1. high end retailers are more likely to have

a. higher gross margins

b. higher net margins

c. lower selling and admin expenses

d. more debt

2. earnings per share is calculated as

a. (Net income+preferred dividends) / weighted - avg shared

b. (net income - preferred dividends) / weighted - abg shares outstanding

c. net income / share authorized

d. weighted-avg shares outsranding / (ner income+preferred divends)

3. if a compby had earnings of 40,000 and 20,000 weightsd common shares outstanding what is EPS? no precerred divsents were declared.

a. .50

b. 40,000

c. 2.00

d none

4. is it possible for EPS to be less than diluted EPS?

a. true

b. false

5. EPS is based on

a. future gaap earnings

b. analyst estimates

c. non-gaap earnings

d. historial gaap earnings

6. to get an estimate of future gaap earnings you should look at

a. EPS

B. diluted EPS

c. forward EPS

d. non-gaap eps