1. which of the following items would not be included in a basic earnings per share calculation ? A. undeclared dividends on non cumulative preferred stock B. undeclared dividends on cumulative preferred stock C. declared dividends on cumulative preferred stock D. declared dividends on noncumulative preferred stock.
2. which one of the following statements concerning earnings per share amounts is true?

a. earnings per share related to prior period adjustments must be reported on the income statement.

b. earnings per share related to gross profit must be reported on the income statement

c. earnings per share related to continuing operations must be reported on the income statement

d. earnings per share related to discontinued operations must be reported on the income statement.