Which of the following amounts would impact the numerator in a diluted EPS calculation given the following facts: A company has 1,000 $100 shares of 5% cumulative preferred stock outstanding. They have not paid a preferred dividend in 3 years therefore the company has 3 years of dividends in arrears. A. No adjustment needed to numerator B. $5,000 C. $10,000 D. $15,000

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Which of the following amounts would impact the numerator in a diluted EPS calculation given the following facts:

A company has 1,000 $100 shares of 5% cumulative preferred stock outstanding. They have not paid a preferred dividend in 3 years therefore the company has 3 years of dividends in arrears.

A. No adjustment needed to numerator

B. $5,000

C. $10,000

D. $15,000

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