Net profit 500 Ordinary shares in issue 1,000 Basic EPS 50 cent Convertible 15% bonds 200 Each
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Net profit €500 Ordinary shares in issue 1,000 Basic EPS 50 cent Convertible 15% bonds 200 Each block of five bonds is convertible to eight ordinary shares. The tax rate (including any deferred tax) is 40%.
Requirement Calculate the basic and diluted EPS
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Related Book For
International Financial Accounting And Reporting
ISBN: 9781912350025
6th Edition
Authors: Ciaran Connolly
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