Diluted EPS would be precisely the same whether convertible securities were actually converted or not. Why?

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Intermediate Accounting

ISBN: 9781259722660

9th Edition

Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas

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Question Posted: Jul 11, 2013 03:44 AM

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Diluted EPS would be precisely the same whether convertible securities were actually converted or not. Why?

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The calculation of diluted EPS assumes convertible bonds had been converted at the be...View the full answer

Intermediate Accounting

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