What is earnings per share and how is it reported in the financial statements?
What will be an ideal response?
Answer: Earnings per share represents the amount of earnings assigned to each outstanding share of the company's common stock. Companies report earnings per share for continuing operations, discontinued operations, and net income in a supplemental section of the income statement, reported directly below net income or loss for the period.
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Which of the following is true about direct investment as a mode of international expansion?
A) It allows a firm to retain full control over its investment. B) It yields lower returns than joint ventures. C) It involves the least amount of risk. D) It involves the least cost. E) It does not allow the firm to diversify.
The treasurer typically manages a firm's cash, investing surplus funds when available and securing outside financing when needed
Indicate whether the statement is true or false