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Author Question: How is earnings per common share calculated? a. Operating profit divided by the average number of ... (Read 106 times)

skymedlock

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on: Jul 6, 2018
How is earnings per common share calculated?
 
  a. Operating profit divided by the average number of common stock shares outstanding.
  b. Net profit divided by the average number of common and preferred stock shares outstanding.
  c. Operating profit divided by the average number of repurchased common stock shares.
  d. Net profit divided by the average number of common stock shares outstanding.

Question 2

The Sales Wage Expense would be used to record:
 a. Net pay for sales personnel
  b. A holding account for wages due and payable
  c. Gross Pay for Sales Personnel
  d. Deductions for Sales Personnel


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spencer.martell

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Reply #1 on: Jul 6, 2018
Answer to Question 1

a

Answer to Question 2

C


skymedlock

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Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)

kswal303

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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