Which of the following is true? Basic eps equals net income minus dividends...
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Accounting
- Which of the following is true?
- Basic eps equals net income minus dividends declared for noncumulative preferred stock divided by the weighted average number of common shares outstanding.
- The numerator for basic eps equals net income plus any preferred dividends declared or not for cumulative preferred stock.
- The denominator for basic eps equals the number of shares outstanding at the end of the period regardless of the activity of common stock during the period.
- Under the treasury stock method, stock options will always result in diluted eps being higher than basic eps.
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