Net income is often expressed on a per-share basis for shares outstanding to provide a measure of earnings per share.

Name: Net income is often expressed on a per-share basis for shares outstanding to provide a measure of earnings per share.
Brand: Quizplus
Rating: 4.9 (33 reviews)

Question

Quizplus · Accepted Answer

Net income per share, also known as earnings per share (EPS), is a common financial metric used to gauge a company's profitability on a per-share basis, making it easier for investors to compare performance across different companies.

Net Income Is Often Expressed on a Per-Share Basis for Shares