Which Statement Is Correct

question 68

Multiple Choice

Which statement is correct?

• A)Dilutive potential ordinary shares, if converted, will decrease EPS or increase the loss per share from continuing operations.
• B)Dilutive potential ordinary shares, if converted, will increase EPS or increase the loss per share from continuing operations.
• C)Anti-dilutive potential ordinary shares, if converted, will increase EPS or increase the loss per share from continuing operations.
• D)Anti-dilutive potential ordinary shares, if converted, will decrease EPS or decrease the loss per share from continuing operations.

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Definitions:

Cover

In the context of contracts, the term refers to a buyer's procurement of goods as a substitute for those promised but not delivered by the seller.

Wrongful Repudiation

The unjustified refusal to fulfill the terms of a contract, thereby breaching the agreement.

Present Values

A financial calculation that determines the current worth of a future sum of money or stream of cash flows, given a specified rate of return.

Market Rent

The prevailing rental rate for properties, typically of similar type and location, determined by the current market conditions.