The Balance Sheet at the Beginning of the Current Year

question 64

Multiple Choice

The balance sheet at the beginning of the current year for GHI Inc.reflected the following: No transactions affecting the denominator of EPS occurred during the year.Assume the preferred shares are dilutive.The number of potential common shares to be included in the denominator of fully diluted EPS is:

• A) 15.
• B) 14.
• C) 13.
• D) 10.
• E) 0.

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