Where must earnings per share be disclosed in the financial statements to satisfy generally accepted accounting principles?
A) On the face of the statement of retained earnings (or, statement of stockholders' equity.)
B) In the footnotes to the financial statements.
C) On the face of the income statement.
D) On the face of the balance sheet.

Question

Quizplus · Accepted Answer

Earnings per share must be disclosed on the face of the income statement to satisfy generally accepted accounting principles.

Where Must Earnings Per Share Be Disclosed in the Financial