A company with a 40% tax rate had 50,000 shares of common stock and the following three potentially dilutive issues outstanding for the entire year:
What is the correct ordering (ranking) of the dilutive issues for determining their inclusion into diluted earnings per share?
A) 1,2,3
B) 3,1,2
C) 3,2,1
D) 2,1,3
Correct Answer:
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