In computing consolidated diluted EPS, the replacement calculation replaces the parent’s equity in subsidiary earnings with the
A. parent’s share of basic EPS of the subsidiary.
B. subsidiary’s share of basic EPS of the parent.
C. parent’s share of diluted EPS of the subsidiary.
D. subsidiary’s share of diluted EPS of the parent.
Answer:C
In computing consolidated diluted EPS, the replacement calculation replaces the parent’s equity in subsidiary earnings with the
A. parent’s share of basic EPS of the subsidiary. B. subsidiary’s share of basic EPS of the parent. C. parent’s share of diluted EPS of the subsidiary. D. subsidiary’s share of diluted EPS of the parent.