Question

Corporations whose stock is traded in a public market must report earnings per share on their

a. balance sheet.
b. Earnings per share is not reported on the financial statements.
c. retained earnings statement.
d. income statement.

Answer 1

Earnings per share is reported on the income statement of corporations whose stock is traded on a public market.

Step-by-step explanation:

Earnings per share is reported on the income statement of corporations whose stock is traded in a public market. The income statement provides information on a company's revenues, expenses, and net income, which is then used to calculate earnings per share. This metric is important for investors as it helps them assess the profitability and financial performance of the company.