Of the following, select the incorrect statement concerning earnings per share. 

A) During periods when all income is paid out as dividends, earnings per share and dividends per share under a simple capital structure would be identical. 

B)Under a simple capital structure, no adjustment to shares outstanding is necessary for a stock split on the last day of the fiscal period.  

C) During a period, changes in stock issued or reacquired by a company may affect earnings per share.  

D)During a loss period, the amount of loss attributed to each share of common stock should be computed.

Answer rating: 100% (QA)

Option B IS CORRECT Under a simple capital structure no adjus... View the full answer