FAR 7 Q 2 A

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Joens1313
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225360
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FAR 7 Q 2 A
Updated:
2013-06-29 17:05:28
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FAR
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FAR 7 Q 2 B
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  1. in computing the weighted average number of shares outstanding for earnings per share determination a stock dividend to the same class of shareholders must be retroactively recognized and treated as if it had occurred at the ------------------------------.
    beginning of the year
  2. in computing the weighted average number of shares outstanding for earnings per share determination a stock dividend to the same class of shareholders must be retroactively recognized and treated as if it had -------------- at the beginning of the year.
    occurred
  3. in computing the weighted average number of shares outstanding for earnings per share determination a stock dividend to the same class of ------------------ must be retroactively recognized and treated as if it had occurred at the beginning of the year.
    shareholders
  4. shares issuable upon the exercise of a stock option are not considered ------------------- as the option holder is required to pay the strike price to exercise the options
    contingent shares
  5. shares issuable upon the exercise of a stock option are not considered contingent shares as the option holder is required to pay the -------------------------- to exercise the options
    strike price
  6. shares issuable upon the exercise of a stock option are not considered contingent shares as the option holder is ------------------- to pay the strike price to exercise the options
    required
  7. what are contingent shares
    they are shares that are issued only if certain conditions are met.
  8. what are shares that are issued only if certain conditions are met.
    contingent shares
  9. what is a stock  option
    a privilege sold by one party to another that gives the buyer the right but not the obligation to buy or sell a stock at an agreed upon price within a certain period or an specific date
  10. what is a privilege sold by one party to another that gives the buyer the right but not the obligation to buy or sell a stock at an agreed upon price within a certain period or an specific date
    stock option
  11. if stock dividend or a stock split changes common stock outstanding the computation of EPS shall give retroactive recognition for all periods presented using the new number of shares because the readers primary interest is presumed to be related to current capitalization
    retroactive recognition
  12. if stock dividend or a stock split changes ------------------------------ the computation of EPS shall give retroactive recognition for all periods presented using the new number of shares because the readers primary interest is presumed to be related to current capitalization
    common stock outstanding
  13. if stock dividend or a stock split changes common stock outstanding the computation of EPS shall give retroactive recognition for all ------------------------- using the new number of shares because the readers primary interest is presumed to be related to current capitalization
    periods presented
  14. in determining earning per share interest expense net of applicable income taxes on convertible debt that is dilutive should be
    added back to net income for diluted earning per share and ignored for basic earnings per share
  15. when computing diluted earnings per share, convertible securities are
    recognized only if they  are delutive
  16. convertible securities are recognized when computing diluted EPS only if the --------------------------------
    conversion is dilutive
  17. preferred dividends must be ------------------ to compute income available to common shareholders
    subtracted
  18. ------------------------- must be subtracted to compute income available to common shareholders
    preferred dividends
  19. preferred dividends must be subtracted to compute income available to -------------------------------
    common shareholders
  20. ----------------------------- reduce the amount of income available to common stockholders
    preferred dividends
  21. preferred dividends reduce the amount of income available to -----------------------------
    common stockholders
  22. stock ----------------- are treated as if they occurred at the beginning of the period
    dividends
  23. stock dividends are treated as if they occurred at the ------------------ of the period
    beginning
  24. stock dividends are treated as if they occurred at the beginning of the --------------
    period
  25. both the extraordinary items and -------------------------------------- should be should with an earnings per share number on the income statement under US GAAP
    income before extraordinary items
  26. both the --------------------------- and income before extraordinary items should be should with an earnings per share number on the income statement under US GAAP
    extraordinary items
  27. both the extraordinary items and income before extraordinary items should be should with an ----------------------------- on the income statement under US GAAP
    earnings per share number
  28. both the extraordinary items and income before extraordinary items should be should with an earnings per share number on the ---------------------- under US GAAP
    income statement
  29. all ------------------- must present earnings per share on the face of the income statement
    public entities
  30. all public entities must present earnings per share on the -------------- of the income statement
    face
  31. all public entities must present earnings per share on the face of the -----------------------
    income statement

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