Question
A company has the following details for the year: • Net Income = ₹12,00,000 • Preferred Dividends = ₹1,00,000 • Outstanding Shares (Common Stock) = 500,000 • Convertible Preferred Stock (Convertible into 100,000 shares) • Convertible Bonds = ₹2,00,000 (convertible into 20,000 shares) • Interest on Convertible Bonds = ₹10,000 (tax rate = 30%) What is the Diluted Earnings Per Share (EP
- S ?
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