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8Multiple Choice Question 112 Earnings per share is calculated only for preferred stock. only for treasury stock. for common and preferred stock. only for common stock. 9Multiple Choice Question 171 The acid-test ratio is also known as the current ratio. fast ratio. quick ratio. times interest earned ratio 10Multiple Choice Question 70 In performing a vertical analysis, the base for sales revenues on the income statement is net income. cost of goods available for sale. net sales.