Which of the following statements regarding earnings per share (EPS) is false?
A) It increases when treasury stock is acquired.
B) It increases when net income increases.
C) It decreases when additional shares of common stock are issued.
D) It decreases when the number of shares of common stock authorized increases.
Correct Answer:
Verified
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Q38: RKJ Company has provided the following:
100,000 shares
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