Question: 1- Earning per share is important to common shareholders for all of the following reasons, except: A) it indicates the amount of income that is

1- Earning per share is important to common shareholders for all of the following reasons, except:

A) it indicates the amount of income that is earned by each common share.

B)common shareholders have a residual interest in the company.

C)it is an indicator of cumulative dividend payments.

D) it is an indicator of the amount of income earned by each share.

2- Standard setters require the earning per share calculation be included

 A) only when there is a complex capital structure.

B) when is an indicator of cumulative dividend payments.

C) for all publicly traded companies.

D) under both IFRS and ASPE.

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