The denominator in the earnings per share formula is number of common shares outstanding.
What is the denominator used in the computation of earnings per share?
- The weighted average of the outstanding shares of common stock serves as the numerator of the earnings per share.
- The "per share" part necessitates further computation when the number of common shares changes in the middle of the year.
- The weighting of the per share part depends on how long each share number has been in circulation.
How are basic earnings per share determined?
- Basic EPS is calculated by dividing net income by the weighted average of the common shares outstanding for the relevant period.
- Preferred dividends should be removed from the net income because they are not available to common stockholders.
- Net income can also be broken down into "continuing operations" P&L and "total P&L".
Learn more about Basic EPS
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Answer:
diagonal = = 12.8 inches (to the nearest tenth of an inch)
Step-by-step explanation:
As shown in the diagram attached to this solution:
Let the Length of the rectangular board = a
Let the width = b
Let the diagonal = d
where:
a = 10 inches
b = 8 inches
d = ?
Triangle ABC in the diagram is a right-angled triangle, therefore, applying Pythagoras theorem:
(hypotenuse)² = (Adjacent)² + (Opposite)²
d² = 10² + 8²
d² = 100 + 64
d² = 164
∴ d = √(164)
d = 12.806 inches
d = 12.8 inches (to the nearest tenth of an inch)
<em>N:B Rounding off to the nearest tenth of an inch is the same as rounding off to 1 decimal place.</em>
Answer:
1. 1350
2.2700
Step-by-step explanation:
