QUESTION 20 To calculate diluted EPS, the accountant does all of the following except: a. adds...

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QUESTION 20 To calculate diluted EPS, the accountant does all of the following except: a. adds back any dividends on convertible preferred stock the firm subtracted in computing net income to common shareholders. Ob. enters only the net incremental shares issued (shares issued under options minus assumed shares repurchased) in the computation of diluted EPS. Ⓒe adds back to net income any compensation expense recognized on the employee stock options d.adds back any interest expense (net of taxes) on convertible bonds QUESTION 20 To calculate diluted EPS, the accountant does all of the following except: a. adds back any dividends on convertible preferred stock the firm subtracted in computing net income to common shareholders. Ob. enters only the net incremental shares issued (shares issued under options minus assumed shares repurchased) in the computation of diluted EPS. Ⓒe adds back to net income any compensation expense recognized on the employee stock options d.adds back any interest expense (net of taxes) on convertible bonds

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The detailed answer for the above question is provided below The question is asking which of the listed actions is not performed by an accountant when ... View the full answer