Question: Question 1 0 Which statement, below, is correct? When converible securties are issued during the year, the incorra silect and share eflect are not prorated

Question

10

Which statement, below, is correct?

When converible securties are issued during the year, the incorra silect and share eflect are not prorated in the diluted EPS calculation.

When convertible securities are redeemed tiuring the year, the income effect and share effect are not prorated in the diluted EPS calculation.

When convertiole securities are issued at the beginning of the year, the income effiect and share effect are not prorated in the diluted EPS calculation

None

-

all of the other statements are incorrect.

When the conversion feature in a security expites during the year, the income effect and share effect are prorated in the diluted EPS calculation.

Question 1 0 Which statement, below, is correct?

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