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Tungston Crafters reported $110,000 in interest expense for convertible bonds issued several years ago. The company is subject to a 32% tax rate. There were
Tungston Crafters reported $110,000 in interest expense for convertible bonds issued several years ago. The company is subject to a 32% tax rate. There were no actual conversions during the current year. What adjustment is needed to the company's diluted EPS numerator? (Abbreviations Used: EPS = Earning per share. If no adjustment is needed enter a 0. Use a minus sign or parentheses to identify a decrease.) Adjustment needed to the company's diluted EPS numerator=
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