Antidilutive securities should be assumed to have been converted to common shares when calculating: A. basic EPS but not diluted EPS. B. diluted EPS but not basic EPS. C. neither basic nor diluted EPS.
Antidilutive securities would increase EPS if exercised or converted to common stock. Therefore we do not assume they are converted when we calculate diluted EPS. Basic EPS is calculated before assuming any potentially dilutive securities are converted.
