Earnings per share : It shows how much a shareholder earns on his one share. It is determined by dividing net income by outstanding shares. Net income : Net income is the amount a company earns after distributing all expenses and taxes. Outstanding shares : It is the number of shares issued by the company without any arrears on it. To identify: Earning per share. Answer: 'Option b is correct

Question

Want to see the full answer?

Answer 1

Question

Chapter 11, Problem 2MCQ

To determine

Earnings per share: It shows how much a shareholder earns on his one share. It is determined by dividing net income by outstanding shares.

Net income: Net income is the amount a company earns after distributing all expenses and taxes.

Outstanding shares: It is the number of shares issued by the company without any arrears on it.

To identify: Earning per share.

Answer:

'Option b is correct

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

Want answer

A company has daily sales of $175,000. The financial team has determined that implementing a lockbox system would reduce the collection time by 3 days. The company earns 6.2% interest per year. What are the potential savings from the lockbox?

Express the gross profit amount as a percentage of the sales amount for Dyson

Answer 2

Question

Chapter 11, Problem 2MCQ

To determine

Earnings per share: It shows how much a shareholder earns on his one share. It is determined by dividing net income by outstanding shares.

Net income: Net income is the amount a company earns after distributing all expenses and taxes.

Outstanding shares: It is the number of shares issued by the company without any arrears on it.

To identify: Earning per share.

Answer:

'Option b is correct

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 11, Problem 2MCQ

To determine

Earnings per share: It shows how much a shareholder earns on his one share. It is determined by dividing net income by outstanding shares.

Net income: Net income is the amount a company earns after distributing all expenses and taxes.

Outstanding shares: It is the number of shares issued by the company without any arrears on it.

To identify: Earning per share.

Answer:

'Option b is correct

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 11, Problem 2MCQ

To determine

Earnings per share: It shows how much a shareholder earns on his one share. It is determined by dividing net income by outstanding shares.

Net income: Net income is the amount a company earns after distributing all expenses and taxes.

Outstanding shares: It is the number of shares issued by the company without any arrears on it.

To identify: Earning per share.

Answer:

'Option b is correct

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 5

Chapter 11, Problem 2MCQ

To determine

Earnings per share: It shows how much a shareholder earns on his one share. It is determined by dividing net income by outstanding shares.

Net income: Net income is the amount a company earns after distributing all expenses and taxes.

Outstanding shares: It is the number of shares issued by the company without any arrears on it.

To identify: Earning per share.

Answer:

'Option b is correct

Answer 6

Chapter 11, Problem 2MCQ

To determine

Earnings per share: It shows how much a shareholder earns on his one share. It is determined by dividing net income by outstanding shares.

Net income: Net income is the amount a company earns after distributing all expenses and taxes.

Outstanding shares: It is the number of shares issued by the company without any arrears on it.

To identify: Earning per share.

Answer:

'Option b is correct

Answer 7

Chapter 11, Problem 2MCQ

To determine

Earnings per share: It shows how much a shareholder earns on his one share. It is determined by dividing net income by outstanding shares.

Net income: Net income is the amount a company earns after distributing all expenses and taxes.

Outstanding shares: It is the number of shares issued by the company without any arrears on it.

To identify: Earning per share.

Answer:

'Option b is correct

Answer 8

Expert Solution & Answer

Answer 9

Expert Solution & Answer

Answer 10

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 11

Ch. 11 - Prob. 1MCQ Ch. 11 - Prob. 2MCQ Ch. 11 - Prob. 3MCQ Ch. 11 - Prob. 4MCQ Ch. 11 - Prob. 5MCQ Ch. 11 - Prob. 1DQ Ch. 11 - Prob. 2DQ Ch. 11 - Prob. 3DQ Ch. 11 - Prob. 4DQ Ch. 11 - Prob. 5DQ

Solution Summary: The author explains that the correct option is b and other options are incorrect.

Videos

Want to see the full answer?

Chapter 11 Solutions