Earnings per share are calculated by dividing – McqOptions

MCQOPTIONS

1.	Earnings per share are calculated by dividing
A.	(net income less preferred stock dividends) by average common shares outstanding.
B.	gross profit by average common shares outstanding.
C.	net sales by average common shares outstanding.
D.	net income by average common shares outstanding.
Answer» B. gross profit by average common shares outstanding.

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