Which of the Following Items Would Not Be Included in a Basic

question 31

Multiple Choice

Which of the following items would not be included in a basic earnings per share calculation?

• A)undeclared dividends on noncumulative preferred stock
• B)declared dividends on noncumulative preferred stock
• C)undeclared dividends on cumulative preferred stock
• D)declared dividends on cumulative preferred stock

---

Definitions:

Mucus

A slippery secretion produced by, and covering, mucous membranes primarily in the respiratory, digestive, and reproductive systems, aiding in protection and lubrication.

Muscle

Muscle is a tissue in animals that contracts to produce movement, consisting of smooth, skeletal, and cardiac types.

Nervous

Pertaining to the nerves or nervous system, the network in organisms for transmitting signals between different body parts.

Adipose Tissue

A type of connective tissue that is specialized in storing energy in the form of fat, also serving as an important insulator and cushion for bodily organs.