Which statement is correct?
A)Basic EPS is based on the dilutive shares outstanding at the end of the year.
B)Basic EPS is based on the dilutive shares outstanding during the year.
C)Basic EPS is based on the ordinary shares outstanding at during the year.
D)Basic EPS is based on the ordinary shares outstanding at the end of the year.

Question

Quizplus · Accepted Answer

Basic EPS (Earnings Per Share) is calculated based on the weighted average number of ordinary shares outstanding during the year, not just at the end of the year or based on dilutive shares.

Which Statement Is Correct