Basic earnings per share represents the amount of earnings attributable to
A) all common stock and dilutive securities.
B) common stock, preferred stock, and all dilutive securities.
C) each share of common stock outstanding, and any non-conditional conversions and exercises.
D) each share of common stock, and options or warrants which convert to common stock.

Question

Quizplus · Accepted Answer

Basic earnings per share only includes earnings attributable to each share of common stock outstanding and any non-conditional conversions and exercises. It does not include any preferred stock or dilutive securities such as options or warrants.

Basic Earnings Per Share Represents the Amount of Earnings Attributable