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Unformatted text preview: Add this EEs NE and DE to the BEPS formula and calculate the first DEPS, label it DEPS (1). d. If the second smallest EE is greater than or equal to DEPS (1), stop. Report BEPS and DEPS (1). The second and all remaining securities are anti- dilutive. If the second smallest EE is less than DEPS (1), then add the second smallest EEs NE and DE to the DEPS (1) formula and recalculate. Follow this procedure for all remaining securities keeping in mind that successive DEPSs should get smaller not larger. <...
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This note was uploaded on 11/07/2011 for the course ACCT 302 taught by Professor Staff during the Fall '11 term at S.F. State.
- Fall '11