Which statement is FALSE? Select one: a. Diluted EPS is never higher than Basic EPS b. Use of the "Treasury Stock Method" determ
1 answer:
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Answer:
Following are the solution to the given points:
Explanation:
For point a:
After-tax profit for each country.
For Country X:
For Country Y:
For point b:
For Country X:
Lardo is expected to establish its new plant in Country X, because Country X's after tax income is higher than Country y's after-tax income [$1,800,000].