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37. The treasury stock method is used when the organizational structure includes______. A) only stock options B) convertible preferred stock C) stock options or warrants
37. The treasury stock method is used when the organizational structure includes______.
A) only stock options
B) convertible preferred stock C) stock options or warrants D) convertable bonds
39. Income statement errors in the current year that do not affect the balance sheet may _____.
A) change earnings per share B) be self-correcting C) affect future years retained earnings D) require adjustment to retained earnings
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