Listed below are five terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the correct term.
-Convertible preferred stock dividends
A) Factored into EPS if the stock is cumulative.
B) Handled retroactively in computing current and prior years' EPS.
C) Omitted from the EPS numerator under the "if converted" method.
D) Expresses the market value of a stock as a multiple of EPS.
E) Included in diluted EPS when performance criterion is met.
Correct Answer:
Verified
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