[jeff]

FAR Resources:

Free FAR Notes & Audio – https://www.another71.com/cpa-exam-study-plan

FAR 10 Point Combo: https://www.another71.com/products-page/ten-point-combo

FAR Score Release: https://www.another71.com/cpa-exam-scores-results-release

Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

[wanxx043]

But then again…I've yet to pass FAR so who knows if this is effective. 😀

REG - 7/2/12 - 89
BEC - 7/9/12 - 91
AUD - 5/13/13 - 87
FAR - 1/3/14 - 80

[Anonymous]

A company with a simple capital structure for purposes of computing EPS would include which of the following in the computation of basic EPS?

A. Potentially dilutive securities

B. Dividends on common stock

C. Dividends on nonconvertible cumulative preferred stock

D. Number of shares of nonconvertible cumulative preferred stock

[Anonymous]

A company with a simple capital structure for purposes of computing EPS would include which of the following in the computation of basic EPS?

A. Potentially dilutive securities

B. Dividends on common stock

C. Dividends on nonconvertible cumulative preferred stock

D. Number of shares of nonconvertible cumulative preferred stock

[Anonymous]

i selected B. dividends on common stock but the answer in wiley test bank says C is correct

[Anonymous]

i selected B. dividends on common stock but the answer in wiley test bank says C is correct

[Anonymous]

formula is (net income-preferred dividends(answer C))/WASO

[Anonymous]

formula is (net income-preferred dividends(answer C))/WASO

[AOCI]

Be careful. Only deduct the CUMULATIVE preferred stock dividends (WHETHER DECLARED OR NOT). When it is NONCUMULATIVE preferred stock dividends, only deduct when DECLARED.

FAR-82!
REG-82 Again!
BEC-78!
AUD-84!

Done with the exam and LICENSED in VA as of 11/17/2015.

[AOCI]

Be careful. Only deduct the CUMULATIVE preferred stock dividends (WHETHER DECLARED OR NOT). When it is NONCUMULATIVE preferred stock dividends, only deduct when DECLARED.

FAR-82!
REG-82 Again!
BEC-78!
AUD-84!

Done with the exam and LICENSED in VA as of 11/17/2015.

[Anonymous]

@darcer

yes but the question is worded weirdly, it says which one is included? shouldnt it say which one is subtracted?

i picked dividends from common should be included cuz theyre not subtracted?

[Anonymous]

@darcer

yes but the question is worded weirdly, it says which one is included? shouldnt it say which one is subtracted?

i picked dividends from common should be included cuz theyre not subtracted?

[Anonymous]

“yes but the question is worded weirdly, it says which one is included? shouldnt it say which one is subtracted?

i picked dividends from common should be included cuz theyre not subtracted?”

I disagree, included in the computation, just means an element of the formula, meaning what do you need to know to figure this out.

[Anonymous]

“yes but the question is worded weirdly, it says which one is included? shouldnt it say which one is subtracted?

i picked dividends from common should be included cuz theyre not subtracted?”

I disagree, included in the computation, just means an element of the formula, meaning what do you need to know to figure this out.

[Anonymous]

“yes but the question is worded weirdly, it says which one is included? shouldnt it say which one is subtracted?

i picked dividends from common should be included cuz theyre not subtracted?”

I disagree, included in the computation, just means an element of the formula, meaning what do you need to know to figure this out.

[Anonymous]

“yes but the question is worded weirdly, it says which one is included? shouldnt it say which one is subtracted?

i picked dividends from common should be included cuz theyre not subtracted?”

I disagree, included in the computation, just means an element of the formula, meaning what do you need to know to figure this out.

[Author]

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