Dividing operating profit by shares outstanding produces earnings per share.
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Q2: A balance sheet represents the assets, liabilities,
Q4: Asset accounts are listed in order of
Q5: Sales minus cost of goods sold is
Q7: Operating profit is essentially a measure of
Q8: The income statement is the major device
Q10: The real value of a firm is
Q11: Total assets of a firm are financed
Q12: Marketable securities are temporary investments of excess
Q20: It is not possible for a company
Q21: An increase in accounts receivable represents a
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