If earnings per share (EPS)increases,it must mean that the company's net income has increased.

Name: If earnings per share (EPS)increases,it must mean that the company's net income has increased.
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Quizplus · Accepted Answer

Earnings per share = (Net income − preferred dividends)÷ Average number of common shares outstanding
An increase in EPS could result from an increase in net income,a decrease in preferred dividends,or a decrease in the average number of shares outstanding.

If Earnings Per Share (EPS)increases,it Must Mean That the Company's