Pennock Inc

question 62

Multiple Choice

Pennock Inc. has convertible preferred stock outstanding. To compute the diluted EPS, it must adjust ________.

• A) only the numerator
• B) only the denominator
• C) both the numerator and denominator
• D) neither the numerator nor the denominator

---

Definitions:

Neurotransmitter

A Neurotransmitter is a chemical substance released by nerve cells to transmit signals to other nerve cells across synapses, playing a crucial role in the functioning of the nervous system.

Synaptic Vesicles

Small sacs in neurons that store neurotransmitters, which are released into the synaptic cleft during neural communication.

Negatively Charged

An electrical condition where an object has gained electrons, resulting in a surplus of negative charges.

Ions

Atoms or molecules that have gained or lost one or more electrons, thus acquiring an electrical charge.