Eminent Power Friends Equipment Company Interview Questions and Answers

EPS stands for Earnings Per Share. Balance sheet always matches due to the fundamental accounting equation.

• EPS is a financial metric that measures the profit earned by a company per outstanding share of common stock.

• It is calculated by dividing the net income of the company by the total number of outstanding shares.

• Balance sheet always matches because of the fundamental accounting equation which states that assets must...read more

Depreciation and amortization are accounting methods used to allocate the cost of assets over their useful lives.

• Depreciation is the allocation of the cost of tangible assets, such as buildings or equipment, over their useful lives.

• Amortization is the allocation of the cost of intangible assets, such as patents or copyrights, over their useful lives.

• Both depreciation and amortization are non-cash expenses that reduce t...read more