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When the if-converted assumption for potentially diluted securities is considered in the calculation of diluted...

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Question

Accounting

When the if-converted assumption for potentially diluted securities is considered in the calculation of diluted earnings per share, conversions are assumed to occur at what time?

Group of answer choices

End of the prior year for hypothetical conversions

Beginning of the year for hypothetical conversions

Middle of the current year for actual conversions

Beginning of the current year or on the issue date of the dilutive security if issued during the year

Answer & Explanation Solved by verified expert
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