Which of the following will increase earnings per share?
A) A ten percent increase in net income and a ten percent increase in the average number of shares of common stock outstanding
B) A ten percent decrease in net income and a ten percent increase in the average number of shares of common stock outstanding
C) A ten percent increase in net income and a ten percent decrease in the average number of shares of common stock outstanding
D) A ten percent decrease in net income and a ten percent decrease in the average number of shares of common stock outstanding
Correct Answer:
Verified
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