Which of the following is not true about EPS?
A) It must be reported by all corporations whose stock is publicly traded.
B) It must be reported separately for discontinued operations.
C) It must be reported on operating income.
D) None of these answer choices are correct.

Question

Quizplus · Accepted Answer

EPS does not have to be reported on operating income. EPS is calculated by dividing the net income of a company by the number of outstanding shares of stock. However, if a company has discontinued operations, the EPS must be reported separately for those operations. Additionally, all publicly traded corporations are required to report their EPS.

Which of the Following Is Not True About EPS