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Earnings per share is equal to net income applicable to common stock, divided by the weighted number of common shares outstanding. true or false While

Earnings per share is equal to net income applicable to common stock, divided by the weighted number of common shares outstanding.

true or false

While the price-earnings ratio is computed using historical earnings, it reflects investors' expectations of future earnings.

true or false

Diluted earnings per share represents a hypothetical case, showing what earnings per share would be if certain securities were converted into additional shares of common stock.

true or false

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