Asked by
Naveed Adeel
on Dec 09, 2024
Verified
The earnings per share will:
A) Increase if the tax rate increases.
B) Remain constant if the number of shares outstanding is increased.
C) Increase anytime the revenue of a firm increases.
D) Increase only if the net income of a firm increases.
E) Increase if the number of shares outstanding is decreased.
Tax Rate
The defined percentage of income from individuals or corporations allocated for taxes.
Net Income
The profit remaining after all expenses, taxes, and costs have been subtracted from total revenue.
- Understand the principles of earnings per share and the elements influencing it.
Verified Answer
LK
Learning Objectives
- Understand the principles of earnings per share and the elements influencing it.