When a Company with a Complex Capital Structure Has a Loss

question 72

Multiple Choice

When a company with a complex capital structure has a loss from continuing operations and potentially dilutive securities,the calculation of earning per share (EPS) results in

• A) simple EPS (no potentially dilutive securities are included in the calculation).
• B) no EPS being reported.
• C) EPS being reported,using the same calculation of dilutive EPS as would be used if net income were positive.
• D) EPS being reported,using securities in the calculation of dilutive EPS that would be anti-dilutive if income were positive.

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Definitions:

Depolarization

The process by which a cell's resting membrane potential becomes less negative, leading to an action potential and potentially initiating a nerve impulse.

Atria

The heart's top two chambers that take in blood from the veins and transfer it to the ventricles.

Ventricles

Chambers of the heart that receive blood from the atria and expel it to the lungs and rest of the body, or, in brain anatomy, cavities filled with cerebrospinal fluid.

Refractory Period

Period following effective stimulation during which excitable tissue, such as heart muscle, fails to respond to a stimulus of threshold intensity.