Question: Basic earnings per share and fully diluted earnings per share are calculated for a corporation with a complex capital structure. that has both preferred shares

  1. Basic earnings per share and fully diluted earnings per share are calculated for a corporation

    1. with a complex capital structure.

    2. that has both preferred shares and common shares issued.

    3. that has cumulative preferred dividends in arrears.

    4. that has a disposal of a segment of the business and an extraordinary item reported on its income statement.

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