Which of the Following Statements Is Not True Regarding Earnings

Which of the following statements is not true regarding earnings per share?

A) Earnings per share is calculated as net income divided by weighted average number of shares.
B) Earnings per share is calculated as dividends paid divided by weighted average number of shares.
C) If a company has convertible bonds or stock options outstanding, diluted earnings per share would be beneficial to the analyst.
D) Diluted earnings per share is the adjusted net income divided by the total possible number of shares that could be outstanding if all potentially dilutive securities outstanding were converted into common shares.