Which Statement Is Correct

Which statement is correct?

A) When convertible securities are redeemed during the year,the income effect and share effect are not pro-rated for the diluted EPS calculation.
B) When convertible securities are issued during the year,the income effect and share effect are pro-rated for the diluted EPS calculation.
C) When convertible securities are issued at the beginning of the year,the income effect and share effect are pro-rated for the diluted EPS calculation.
D) When the right to convert convertible securities expires during the year,the income effect and share effect are not pro-rated for the diluted EPS calculation.

Correct Answer:

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