Asked by Katie Creager on May 25, 2024

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What additional information is required to be presented on the same page as the income statement?

A) Cash paid for interest.
B) Deferred revenues.
C) Earnings per share.
D) Profit margin.

Earnings Per Share

A financial metric that divides a company's net income by the number of its outstanding shares, indicating how much money each share makes.

Income Statement

A financial document that reports a company's financial performance over a specific period, detailing revenues, expenses, and net income.

  • Understand the importance and methodology for computing earnings per share (EPS).
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KM
Karishma MevawalaMay 25, 2024
Final Answer :
C
Explanation :
Earnings per share (EPS) is required to be presented on the face of the income statement according to accounting standards such as the International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP).