Stand Alone Projection Model - IS & BS

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EPS adjustments
The diluted EPS reported on p.57 of the pdf. is 0.95 vs the 0.97 we get from dividing NI by DSO. This is because the net income is adjusted for 2 items (1) preferred stock dividends (2) interest on convertible debt. I understand that item 1 is often paid after net income on the P&L. But why isn't it... Read More