What is the meaning of "net income attributable to ordinary shareholders"?
A)This is not used in the EPS calculation.
B)This refers to the numerator of the EPS calculation.
C)This refers to the denominator of the EPS calculation.
D)This is the not used in the diluted EPS calculation.

Question

Quizplus · Accepted Answer

Net income attributable to ordinary shareholders is the profit left over after all expenses and taxes have been paid, which is then distributed to shareholders. It is used as the numerator in the calculation of earnings per share (EPS), which is a measure of the company's profitability. Therefore, option B is the correct answer. Options A, C, and D are incorrect as they do not correctly describe the relationship between net income attributable to ordinary shareholders and EPS calculation.

What Is the Meaning of "Net Income Attributable to Ordinary