Which of the following is not true about earnings per share?
A)Companies with discontinued items must only report EPS on income before such items.
B)Must be reported on the income statement or in the notes accompanying the financial statements.
C)Are calculated using a weighted average of the outstanding shares.
D)In complex situations, financial statements might include up to six EPS calculations.

Question

Quizplus · Accepted Answer

Companies with discontinued items must report EPS on income before AND after such items, not only before.

Which of the Following Is Not True About Earnings Per