Question
Company R reports basic earnings per share of 25 cents and diluted earnings per share of 20 cents. Company S reports only basic earnings per
Company R reports basic earnings per share of 25 cents and diluted earnings per share of 20 cents. Company S reports only basic earnings per share of 25 cents. Company T does not report earnings per share at all (basic or diluted).
What can be concluded about these companies?
Company R has a complex capital structure, Company S and Company T have simple capital structures. Company R has a complex capital structure, Company S has a simple capital structure, and Company T is a private company that reports under ASPE. Company R has a simple capital structure, Company S and Company T have complex capital structures. Company R has a simple capital structure, Company S has a complex capital structure, and Company T is a private company that reports under ASPE.
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