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Earnings per share is the earnings per share of outstanding common stock

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Earnings per share is the earnings per share of outstanding common stock TRUE/FALSE 1. Retained earnings, an account on the balance sheet, represents the undistributed earnings of the corporation. 2. Earnings per share is the earnings per share of outstanding common stock. 3. Presenting an item after tax, with the related tax deducted, is called net-of-tax presentation. 4. Equity earnings (losses) are the proportionate share of the earnings (losses) of the investee. 5. It is the date of the declaration of dividends, not the date of dividend payment, that affects retained earnings and creates the liability. Economics Assignment Help, Economics Homework help, Economics Study Help, Economics Course Help

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