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