Which of the following mathematical expressions computes earnings per share??
A. ?Earnings per share = Net Income × Number of outstanding shares of common stock
B. ?Earnings per share = (Net Income + Dividend Paid) ÷ Number of outstanding shares of common stock
C. ?Earnings per share = Net Income ÷ Number of outstanding shares of common stock
D. ?Earnings per share = (Net Income - Dividend Paid) ÷ Number of outstanding shares of common stock
E. ?Earnings per share = (Net Income - Dividend Paid) × Number of outstanding shares of common stock
Answer: C
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