Question: Entity A reported the following basic earnings per share and diluted earnings per share: Basic EPS Diluted EPS. 20x5 $0.90 0.85 20x4 $1.00 0.80 Explain

Entity A reported the following basic earnings per share and diluted earnings per share:

Basic EPS Diluted EPS. 20x5 $0.90 0.85 20x4 $1.00 0.80 Explain the

Basic EPS Diluted EPS. 20x5 $0.90 0.85 20x4 $1.00 0.80 Explain the possible reason(s) for basic earnings per share to decline in 20x5 while diluted earnings per share increased.

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