341 342 39 343 344 345 346 347 348 349 Our company has preferred stock outstanding, but this year our board of directors did not declare any dividend. When calculating earnings per share, under what circumstances would we subtract the normal preferred dividend in the numerator? A under no circumstances, because there is no preferred dividend B if there was a net loss for the period if the preferred stock is non-cumulative D if the preferred stock is cumulative + Which of the following could NOT appear in the stockholders' section of a corporation's balance sheet? Paid-in capital -- excess of par, preferred Paid-in capital - lapse of stock options Paid-in capital --restricted stock Paid-in capital -- share repurchase Each of the four items in A through D COULD appear on a corporation's Balance sheet 350 40 351 352 353 B 354 D 355 356 E 357