Assume that a company has two classes of shares that both have voting rights and are entitled
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Assume that a company has two classes of shares that both have voting rights and are entitled to the proceeds of net assets on dissolution. One class is entitled to receive 10 times the dividends of the other class. How would the two classes be treated in calculating basic EPS?
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In calculating basic earnings per share EPS each class of shares is treated proportionately based on its entitlement to the earnings of the company Ho...View the full answer
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Samridhi Mehta
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