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The following information was taken from the books and records of Ludwick, Inc. (Please use the information given to answer (Question 13- Determine if the
The following information was taken from the books and records of Ludwick, Inc. (Please use the information given to answer (Question 13- Determine if the bonds are dilutive. a. Yes, because effect on EPS from conversion =0.55 is less than the basic EPS. b. Yes, because effect on EPS from conversion =0.73 is less than the basic EPS. c. Yes, because effect on EPS from conversion =0.67 is less than the basic EPS. d. Yes, because effect on EPS from conversion=0.84 is less than the basic EPS
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