When only one class of stock is issued by a corporation, it should be termed:

Which of the following financial formulas is correct?

A) total income = net income - expenses B) net income = total income - taxes C) total income = net income - taxes D) net income = total revenue - taxes - expenses E) total income = net income + expenses

The variability in a firm's EPS is affected by:

A) variability in its sales. B) operating leverage. C) financial leverage. D) a and c E) All of the above