2. A parent company has a 90 percent interest in a subsidiary that has no potentially dilutive...

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2. A parent company has a 90 percent interest in a subsidiary that has no potentially dilutive securities outstanding.

In computing consolidated EPS:

a Subsidiary common shares are added to parent common shares and common share equivalents b Subsidiary EPS and parent EPS amounts are combined c Subsidiary EPS computations are not needed d Subsidiary EPS computations are used in computing basic earnings

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Advanced Accounting

ISBN: 9781292214597

13th Global Edition

Authors: Joseph H. Anthony, Bruce Bettinghaus, Floyd A. Beams, Kenneth Smith

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