Question: Basic and diluted EPS for income from continuing operations must be reported on the income statement. Stock dividends and stock splits are given retroactive treatment

Basic and diluted EPS for income from continuing operations must be reported on the income statement.

Stock dividends and stock splits are given retroactive treatment for all periods presented, except when they occur after the end of the current year.

Basic and diluted EPS for net income must be reported on the face of the income statement.

Basic and diluted EPS from income before discontinued operations must be reported on the face of the income statement.

Only declared cumulative preferred stock dividends are deducted from net income when determining net income available to stockholders.

Are these true or false?

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