Question:3 In calculating diluted EPS, convertible preferred shares are ? A] Included only if dilutive B] Never included C] Always included D] Included based on management choice Correct Answer: A] Included only if dilutive

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter9: Current Liabilities And Contingent Obligations
Section: Chapter Questions
Problem 20GI
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In calculating diluted EPS

Question:3
In calculating diluted EPS, convertible preferred
shares are ?
A] Included only if dilutive
B] Never included
C] Always included
D] Included based on management choice
Correct Answer: A] Included only if dilutive
Transcribed Image Text:Question:3 In calculating diluted EPS, convertible preferred shares are ? A] Included only if dilutive B] Never included C] Always included D] Included based on management choice Correct Answer: A] Included only if dilutive
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