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Assume that Ralphio plc had at 31 December 20X7: An issued capital of 1,200,000 ordinary shares of 25p each nominal value Profit attributable to shareholders

Assume that Ralphio plc had at 31 December 20X7: An issued capital of 1,200,000 ordinary shares of 25p each nominal value Profit attributable to shareholders of 2,360,000 Convertible 6% preference shares of 1 each totalling 600,000, convertible at 2 ordinary shares for every 5 convertible preference shares Required Calculate the diluted EPS for 20X7. Note: Please calculate diluted EPS to 2 decimal places.

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