Which combination is the correct statement regarding disclosure requirements for earnings per share?
A) Only the EPS figure for net income must be presented and it must appear on the face of the income statement.
B) Income from continuing operations and net income may be presented on the face of the income statement or in the notes.
C) Income from continuing operations and net income are required to be presented on the face of the income statement; presentation of EPS amounts for extraordinary items and discontinued operations is optional.
D) Income from continuing operations and net income are both required to be presented on the face of the income statement; presentation of EPS amounts for extraordinary items and discontinued operations may be presented on the face of the income statement or in the notes.