On the income statement,earnings per share is shown for income from continuing operations.

Name: On the income statement,earnings per share is shown for income from continuing operations.
Brand: Quizplus
Rating: 4.8 (59 reviews)

Question

Quizplus · Accepted Answer

Earnings per share is calculated and shown only for income from continuing operations on the income statement. It is computed by dividing the income from continuing operations by the weighted average number of common shares outstanding during the period.

On the Income Statement,earnings Per Share Is Shown for Income