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27. if earnings per share changes from $3.30 to $2.60. What does this indicate a

ID: 2599598 • Letter: 2

Question

27. if earnings per share changes from $3.30 to $2.60. What does this indicate about the company's profitability

a probability can I be determined from the information given

B. an unfavorable change in the company's profitability is indicated

c. affordable change in the company's profitability is indicated

d none of these choices are correct

26. corporations whose stock is traded in the public market must report earnings per share on there

A. retained earnings statement

b income statement

c earnings per share is not reported on the financial statements

d balance sheet

25. and the calculation of earnings per share preferred stock dividends are

a subtracted from net income

b not using the calculation

c, subtracted in the denominator

d. added to net income

Explanation / Answer

27 An unfavorable change in the company's profitability is indicated 28 Must report earnings per share on balance sheet 25 Preferred stock dividends are subtracted from net income