How does IFRS differ from GAAP with diluted earnings per share?
What will be an ideal response?
Answer: GAAP and IFRS are very similar. For convertible bonds, GAAP assumes conversion unless there is evidence to the contrary. IFRS assumes that only shares will be issued to settle the conversion. There could be a lower diluted EPS for IFRS, if the GAAP computation assumes a cash settlement instead of conversion.
Business
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If a bond pays $50 interest semiannually with a par value of $1,000, its coupon rate is
A) 5%. B) 10%. C) 15%. D) 20%.
Business
A learning curve is a graphical depiction of how well someone does at something as a function of the number of times that they have done it
Indicate whether the statement is true or false
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