Accounting: What the Numbers Mean 9th Edition by Wayne W McManus, Daniel F Viele, David H Marshall

Exercise 38

For the following questions, circle the best response.

Earnings per share calculations are not adjusted to account for the

a. past service cost element of pension expense.

b. weighted-average number of shares outstanding.

c. preferred stock dividend requirements.

d. dilutive effects of convertible bonds.

e. dilutive effects of stock option plans.