Diluted EPS. If all potentially dilutive securities are dilutive (as opposed to antidilutive), will diluted earnings per share be the same whether there are actual or hypothetical conversions of potentially dilutive securities?
Diluted EPS. If all potentially dilutive securities are dilutive (as opposed to antidilutive), will diluted earnings per share be the same whether there are actual or hypothetical conversions of potentially dilutive securities?
Solution Summary: The author explains that the diluted earnings per share will remain the same for both hypothetical and actual conversions of potentially dilutive securities.
Diluted EPS. If all potentially dilutive securities are dilutive (as opposed to antidilutive), will diluted earnings per share be the same whether there are actual or hypothetical conversions of potentially dilutive securities?
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Andrews Corporation manufactures CropGuard. Each container of the product contains 45 pounds of direct materials. 12% of the materials are lost during manufacturing. The budget allows direct materials to be purchased at $5.25 per pound under terms of 2/10, n/30. The company's policy is to take all available cash discounts. Determine the standard direct materials cost for one container of CropGuard.
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