Jokes (some good, some stupid) - Bilge

T Tiki_Bong Member Huntington Beach, CA Joined: Mar 25, 2002 Posts: -16	T Tiki_Bong Posted posted on Thu, Oct 2, 2003 10:01 AM This is a real knee-slapper here in the audit department where I work. It seems two accountants were both writing up journal entries to allocate income to shares of common stock. The first accountant says "hey Roger, do you calculate your earnings per share (EPS) by dividing the net income by the number of shares of common stock outstanding, or do you calculate it based on the weighted average number of common shares outstanding during the period". (now get this!) Roger turns to the first accountant - Arthur - and says "why no Art, I use the Dual EPS presentation, in which the shares are not included in the EPS computations for that period" (rim shot!). (I dunno, maybe the humor doesn't translate well...)

This is a real knee-slapper here in the audit department where I work.

It seems two accountants were both writing up journal entries to allocate income to shares of common stock.

The first accountant says "hey Roger, do you calculate your earnings per share (EPS) by dividing the net income by the number of shares of common stock outstanding, or do you calculate it based on the weighted average number of common shares outstanding during the period".

(now get this!)

Roger turns to the first accountant - Arthur - and says "why no Art, I use the Dual EPS presentation, in which the shares are not included in the EPS computations for that period" (rim shot!).

(I dunno, maybe the humor doesn't translate well...)

Post #53473 by Tiki_Bong on Thu, Oct 2, 2003 10:01 AM