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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