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23. 23. A company has cumulative and convertible preferred shares outstanding. Comparing the computation of diluted earnings per share with basic earnings: to. The numerator
23. 
23. A company has cumulative and convertible preferred shares outstanding. Comparing the computation of diluted earnings per share with basic earnings: to. The numerator of the diluted profit will be higher than that of the basic one. b. The denominator of the diluted profit will be greater than that of the basic one. c. Both a and b are true. d. Both a and b are wrong
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Bank Strategy, Governance And Ratings
Authors: P. Molyneux
3rd Edition
0230313345, 9780230313347
