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Which of the following is corr )6? regarding basic and dilutive earnings per share (EPS)? A. If convertible preferred stock is outstanding, dividends declared on
Which of the following is corr )6? regarding basic and dilutive earnings per share (EPS)? A. If convertible preferred stock is outstanding, dividends declared on the preferred stock are always deducted from net income in calculating EPS. EPS can never be negative. All issues of convertible to common stock must be included in the calculation of diluted EPS. D. If income from continuing operations is less than zero, potentially dilutive securities are anti-dilutive. B. C. Which of the following is an example of a temporary difference that would result in a deferred tax liability? A. 0 Use of straight-line depreciation for accounting purposes and an accelerated rate for income tax purposes. Rent revenue collected in advance When included in taxable income before it is included in pretax accounting income. Use of a shorter depreciation period for accounting purposes than is used for income tax purposes. Investment losses recognized earlier for accounting purposes than for tax purposes
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