If convertible debt is issued during the year,the total of interest expense incurred must be added to the numerator of the diluted EPS calculation.

Name: If convertible debt is issued during the year,the total of interest expense incurred must be added to the numerator of the diluted EPS calculation.
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Interest expense on convertible debt is added back to the numerator of diluted EPS only if the debt is assumed to be converted into equity, which would eliminate the interest expense.

If Convertible Debt Is Issued During the Year,the Total of Interest