[elprezidente07]

Is income used for basic EPS take tax rates into account? Not seeing anything definitive in my materials for basic EPS.

AUD // F x2 P 92- (Test server crashed! It really does happen!)
REG // F, F, F, P - 75 Aug 2014
BEC // P - 80
FAR // F, F...now its time for my greatest trick yet.
Ethics // Very.

75 to stay alive

[Biff-1955-Tannen]

If you're asking if we use revenue or net income, it's
(net income – preferred dividends) / average outstanding shares
If that wasn't what you were asking disregard

AUD 93 Jan 16
BEC 83 Feb 16
FAR 83 Apr 16
REG 84 May 16

99% Ninja MCQ only

[MaLoTu]

dilutive is the only one that you *might* have to do anything with tax and that is because the interest that can be earned on bonds has to be added to net income in the numerator net of tax.

In any case, Biff is right – net income is net of tax.

[Author]

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