Which of the following statements is true regarding earnings per share (EPS) disclosures under GAAP?

Multiple Choice

A public company with dilutive securities may choose to report diluted EPS.

All companies are required to report EPS amounts related to net income only.

Basic earnings per share is found by dividing net income available to stockholders by the number of common shares outstanding as of the balance sheet date.

All public companies are required to report EPS amounts related to income from continuing operations, income from discontinued operations, and net income.