Question
Assume: Net income $ 300,000 10,000 Common shares outstanding all year Financial Instrument A : 1,000 Common shares on conversion $30,000 after tax interest avoided
Assume:
Net income $ 300,000 10,000 Common shares outstanding all year Financial Instrument A :
1,000 Common shares on conversion
$30,000 after tax interest avoided if converted Financial Instrument B:
1,000 Common share on conversion
$ 11,000 after tax interest avoided if converted
What is BEPS ? What is DEPS ?
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Fundamental Accounting Principles
Authors: John Wild, Ken Shaw, Barbara Chiappetta
22nd edition
978-0077862275
