A portion of Note 2: Earnings per Share from Facebook, lnc.'s 10-K is as follows: a. Explain
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A portion of Note 2: Earnings per Share from Facebook, lnc.'s 10-K is as follows:
a. Explain why employee stock options and restricted stock units are adjustments to the denominator for diluted EPS.
b. Facebook computes EPS separately for its Class B shares (not shown here) and states that the computation of the diluted EPS for its Class A stock assumes the conversion of its Class B common stock to Class A common stock. Based on the table above, what were the effects of the assumed conversion?
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Related Book For
Financial Accounting
ISBN: 9781618533111
6th Edition
Authors: Michelle L. Hanlon, Robert P. Magee, Glenn M. Pfeiffer, Thomas R. Dyckman
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