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gagenow.com/irn/takeAssignment/takeAssignmentMain.do?invoker=assignments&take Earnings per...

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Accounting

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gagenow.com/irn/takeAssignment/takeAssignmentMain.do?invoker=assignments&take Earnings per Share Earnings per share: ()a. Is disclosed in the footnotes to a company's financial statements. Ob. Is computed by dividing the net income available to common shareholders by the weighted Oc. Reflects the market price a share of the company's stock can be sold for currently. Od. All of the choices are correct. average number of common shares outstanding throughout the year. Which of the following items would most likely be a violation of the materiality constraint? O A company having reported total assets of $50,000,000 immediately expensed the purchase of O A $2,000 expenditure to improve a building that originally cost $10,000,000 was immediately OA company did not separately report an unusual gain of $100,000. Its income from operations OA $75,000 illegal bribe by an executive of the company to a foreign official was not separately 20 pencil sharpeners that have an estimated useful life of three years expensed was $20,000,000. disclosed in the annual report

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