Pemberton Crafters reported $180,000 in interest expense for convertible bonds issued several years ago. The company is subject to a 30% effective tax rate There were no actual conversions during the year. What adjustment is needed to the company's diluted EPS numerator?

(Abbreviations Used: EPS = Earning per share.)
 

Answer rating: 100% (QA)

The numerator of Diluted EPS must be ... View the full answer