Question: In calculating diluted EPS, convertible preferred shares are ? a) Always included b) Never included c) Included only if dilutive d) Included based on management choice

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter14: Distributions To Shareholders: Dividends And Repurchases
Section14.12: Summarizing The Distribution Policy Decision
Problem 1ST
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Question:
In calculating diluted EPS, convertible preferred
shares are ?
a) Always included
b) Never included
c) Included only if dilutive
d) Included based on management choice
Transcribed Image Text:Question: In calculating diluted EPS, convertible preferred shares are ? a) Always included b) Never included c) Included only if dilutive d) Included based on management choice
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