In determining earnings per share, undeclared annual dividends on convertible cumulative preferred stock should: a. Result in no net effect on the numerator. b.Be added back to net income in the...


In determining earnings per share,<br>undeclared annual dividends on convertible<br>cumulative preferred stock should:<br>a. Result in no net effect on the numerator.<br>b.Be added back to net income in the<br>numerator whether declared or not for<br>Diluted EPS.<br>c. Be added from the denominator whether<br>declared or not for Basic EPS.<br>d.B&C<br>

Extracted text: In determining earnings per share, undeclared annual dividends on convertible cumulative preferred stock should: a. Result in no net effect on the numerator. b.Be added back to net income in the numerator whether declared or not for Diluted EPS. c. Be added from the denominator whether declared or not for Basic EPS. d.B&C

Jun 03, 2022
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