Which of the following statements is true regarding earnings pershare (EPS) disclosures under GAAP?
A public company with dilutive securities may choose to reportdiluted EPS.
All companies are required to report EPS amounts related to netincome only.
Basic earnings per share is found by dividing net incomeavailable to stockholders by the number of common sharesoutstanding as of the balance sheet date.
All public companies are required to report EPS amounts relatedto income from continuing operations, income from discontinuedoperations, and net income.
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