Question: All the following statements are true except: a. A diluted EPS is always less than a basic EPS b. A diluted EPS can be possible

All the following statements are true except:

a. A diluted EPS is always less than a basic EPS

b. A diluted EPS can be possible when a company has a complex capital structure

c. A diluted EPS should not be reported on the income statement

d. A diluted EPS is necessary to inform the shareholders and investors of the conservative view of earnings available to common shareholders if dilutive securities were exercised.

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