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Question 1 (3 points) Use the FASB ASC to locate guidance on earnings per share (if you are using the browse feature on the left

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Question 1 (3 points) Use the FASB ASC to locate guidance on earnings per share (if you are using the browse feature on the left hand side, it will be under presentation). According to that guidance, which of the following is NOT required to be disclosed in any period that an income statement is presented? A reconciliation of the numerators and the denominators of the basic and diluted per-share computations for income from continuing operations. Securities that could potentially dilute basic EPS in the future that were not included in the diluted EPS computation because they would have been anti- dilutive in the current period The effect that has been given to preferred dividends in arriving at income available to common stockholders in computing basic EPS The impact of the updated EPS total on the company's PE ratio

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