Quiz 19.67 – Identifying Non-Potential Shares for EPS Calculation
Intermediate Accounting
Spiceland, Nelson, and Thomas
10th Edition
Which of the following does not qualify as potential shares in the calculation of earnings per share (EPS)?
Which of the following does not qualify as potential shares in the calculation of earnings per share (EPS)?
What items are ignored in the basic earnings per share (EPS) calculation?
What items are typically included in a simple capital structure for a company?
Which of the following actions would result in an increase in basic earnings per share?
How does the declaration and payment of cash dividends to common shareholders in January of the current year affect the earnings per share (EPS) fraction for the current year?
How do nonconvertible bonds affect the calculation of earnings per share (EPS)?
What method is used to calculate basic earnings per share?
How is the adjustment to the weighted-average shares for retired shares different from the adjustment for issuing new shares?
What are the effects of a stock split?
How are the shares resulting from a stock split treated in the calculation of the current year’s earnings per share (EPS)?