The following note appeared in the 2013 Annual Report of Mercer International Inc.: The calculation of diluted

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The following note appeared in the 2013 Annual Report of Mercer International Inc.:

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The calculation of diluted net income (loss) per share attributable to common shareholders does not assume the exercise of any instruments that would have an anti-dilutive effect on net income (loss) per share. 

Explain what is meant by antidilutive. 

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Financial Accounting And Reporting

ISBN: 9781292399805

20th Edition

Authors: Barry Elliott, Jamie Elliott

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