Asked by
denise abrego
on Dec 09, 2024
Verified
The earnings per share will:
A) Decrease if the tax rate decreases.
B) Remain constant if the number of shares outstanding is increased.
C) Decrease anytime the revenue of a firm decreases.
D) Decrease only if the net income of a firm decreases.
E) Decrease if the number of shares outstanding is increased.
Tax Rate
The percentage of income that is paid to the government as tax.
Net Income
The amount of profit a company has left after all expenses, taxes, and costs have been subtracted from total revenue.
- Comprehend the concept of earnings per share and factors affecting it.
Verified Answer
YP
Learning Objectives
- Comprehend the concept of earnings per share and factors affecting it.