When calculating EPS: (a) Why is profit available to the common shareholders not always the same as

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When calculating EPS:
(a) Why is profit available to the common shareholders not always the same as profit?
(b) Why is the weighted average number of shares used instead of the number of shares issued at the end of the year?

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Accounting Principles Part 3

ISBN: 978-1118306802

6th Canadian edition Volume 1

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow

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Question Posted: Mar 30, 2017 12:37 PM

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When calculating EPS: (a) Why is profit available to the common shareholders not always the same as

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a When calculating earnings per share the amount of profit available to common shareholders is not a...View the full answer

Accounting Principles Part 3

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