Earnings per share (EPS) is calculated as:
A) net income divided by the number of shares of common stock issued at the end of the year.
B) net income divided by the number of shares of common stock outstanding at the end of the year.
C) net income divided by the weighted-average number of shares of common stock outstanding throughout the year.
D) net income divided by the weighted-average number of shares of common stock issued throughout the year.
Correct Answer:
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