Question: Q1 Explain when should both basic and diluted EPS be disclosed. In your response, discuss the potential impact (if any) on the stockholders. Q2 Discuss

Q1 Explain when should both basic and diluted EPS be disclosed. In your response, discuss the potential impact (if any) on the stockholders.

Q2 Discuss the differences between bad debt and doubtful debt. In your explanation, use your insight and discuss if the recognition/disclosure recommended in the standard is sufficient.

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