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Basic Question 9 of 11
Basic earnings per share can be found in a(n) ______.
B. income statement
C. cash flow statement
A. balance sheet
B. income statement
C. cash flow statement
User Contributed Comments 3
| User | Comment |
|---|---|
| Emily1119 | Why the answer is not A? Earning per share is in in balance sheet in Audited report |
| vatsal92 | @emily1119 Balance Sheet consists of Liabilities, assets and St. Equity.. Whereas earnings per share is solely based on income/earnings which is obtained from income statement. And the EPS in audited reports is calculated from income statement itself and then shown in BS. |
| Fpenae | EPS= Net income/nº of shares. Net income appears in the Income Statement. |
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Learning Outcome Statements
evaluate a company's financial performance using common-size income statements and financial ratios based on the income statement
CFA® 2024 Level I Curriculum, Volume 2, Module 2.