FAR AICPA Practice Sim #5

  • Creator
    Topic
  • September 7, 2017 at 4:17 pm #1622080
    studysled
    Participant

    In the last sim, #5, the answers seem pretty straightforward to me except for the last one.

    Deals with warrants outstanding being exercised and the effect on diluted EPS….anybody know why the correct answer is to delete the sentence?

    Seems to me that since it isn’t anti-dilutive, that info should be included.

    But then again, wtf do I know?

    BEC - 79 (5/13/16)

    REG - 76 (7/1/17)

    FAR - 89 (9/9/17),  (73 on 3/7/17)

    AUD - 80 (11/20/17),  (73 on 5/8/17)

     

     

     

     

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