单选题 Young Distributors, Inc. issued convertible bonds two years ago, and those bonds are the only potentially dilutive security Young has issued. In 2005, Young' s basic earnings per share (EPS) and diluted EPS were identical, but in 2004 they were different. Which of the following factors could NOT explain the difference between EPS and Diluted EPS? The: A. bonds were redeemed by Young Distributors at the beginning of 2005. B. average market price of Young increased in 2005. C. bonds were antidilutive in 2005 but not in 2004.
【正确答案】 B
【答案解析】Average market price is not a factor in the calculations for including convertible bonds in basic or diluted EPS. All of the other factors listed could be potential explanations for the difference in basic and diluted EPS.