Question: In determining earnings per share, interest expense, net of applicable income taxes, on convertible debt that is dilutive should be a. Added back to weighted-average
In determining earnings per share, interest expense, net of applicable income taxes, on convertible debt that is dilutive should be
a. Added back to weighted-average common shares outstanding for diluted earnings per share.
b. Added back to net income for diluted earnings per share.
c. Deducted from net income for diluted earnings per share.
d. Deducted from weighted-average common shares outstanding for diluted earnings per share.
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