Question
How is earnings per common share calculated? (Choose the best answer) Operating profit divided by the average number of common stock shares outstanding. Net profit
How is earnings per common share calculated? (Choose the best answer)
Operating profit divided by the average number of common stock shares outstanding.
Net profit divided by the average number of common stock shares outstanding.
Operating profit divided by the average number of repurchased common stock shares.
Net profit divided by the average number of common and preferred stock shares outstanding.
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Financial Management Principles and Application
Authors: Arthur J. Keown, J. William Petty, David F. Scott, Jr.
10th edition
536514119, 536514110, 978-0536514110
