Which statement is false regarding basic (BEPS) or diluted (DEPS) earnings per share? If a convertible bond was issued, BEPS must appear on the income statement, but DEPS may not. If a stock warrant's exercise price is > average common stock price, it is dilutive and DEPS must be shown. Of DEPS is shown, its numerator can be the same as BEPS's, but its denominator can never be the same. If 3 dilutive securities have per share effects of $2.73, 52.21 and $2.51 and BEPS is $229, DEPS must be shown. + Previous