Student #: See. Question One (14 points) Listed below are several items and phrases associated with earnings per share Pair each item from list A with the item from List B (by letter) that is most appropriately associated with it. Code List A List B 1. Convertible bonds. A. Options exercised. 2. Contingently issuable shares. B. Simple capital structure. 3. Maximum potential dilution. C. Basic EPS. 4. No dilution assumed. D. Convertible preferred stock 5. Midyear event treated as if it occurred E. Earnings available to common at the beginning of the reporting period. shareholders. 6. Potential common shares. F. Anti-dilutive. 7. Exercise price exceeds market price. G. Increased marketability 8. Shown between per share amounts for H. Stock dividend. net income and for income from continuing operations. 9. Stock split. I. Extraordinary items. 10. Single EPS presentation. J. Add after-tax interest to numerator. 11. Time-weighted by 5/12. K. Diluted EPS. 12. Time-weighted shares assumed L. Noncumulative, undeclared issued plus time-weighted actual shares preferred dividends. M. Common shares issued at the 13. Subtract preferred dividends. beginning of August. 14. Preferred dividends do not reduce earnings. N. Include in diluted EPS when conditions for issuance