A measure of a corporation's profitability that is required to be reported as part of the income statement is the:
A)earnings per share
B)cash flow per share
C)times interest earned
D)gross margin percentage

Question

Quizplus · Accepted Answer

Earnings per share (EPS) is a measure of a corporation's profitability that is required to be reported on the income statement. It indicates how much money a company makes for each share of its stock and is a key indicator of a company's financial performance.

A Measure of a Corporation's Profitability That Is Required to Be