Accountants and financial analysts criticize earnings per share as a measure of profitability because it does
a. not consider the amount of shareholders' equity required to generate that level of earnings.
b. not consider the amount of liabilities required to generate that level of earnings.
c. consider the amount of assets required to generate that level of earnings.
d. not consider the amount of assets required to generate that level of earnings.
e. consider the amount of liabilities required to generate that level of earnings.
D
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Indirect operating expenses are normally
a. approximations. b. assigned by arbitrary methods. c. precise expenses determined by managers. d. overlooked.
If a project is expected to be completed in 68 days with a project variance of 9 days, what is the probability that the project will be completed within 90 days?
A. 85% B. 90% C. 95% D. 100%
Chait, Ryan, and Taylor suggest nonprofit boards focus their attention on ______.
A. policy B. growth C. monetary goals D. critical issues facing the organization
The profit margin for Division B is 8% and the investment turnover is 1.20. What is the rate of return on investment for Division B?
A) 8% B) 6.7% C) 7.3% D) 9.6%