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. How is Basic EPS calculated? Why is Diluted EPS only computed for profitable companies? For most profitable companies, what is the most common item

.

How is

Basic

EPS calculated? Why is

Diluted

EPS only computed for profitable companies? For most profitable companies, what is the most common item that causes

Basic

EPS to differ from

Diluted

EPS? What are two conceptual reasons why accountants calculate

Diluted

EPS?

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