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hand written ans please , read the qus first its uniqe , do not copy paste c) Mirpur Corp. has net income of Tk. 210,000
hand written ans please , read the qus first its uniqe , do not copy paste
c) Mirpur Corp. has net income of Tk. 210,000 during 2018and weighted average number of shares outstanding during the period of 100,000. The company has two convertible bond issues. One is a 10 years, 6% issue sold at 97 (total Tk. 1.000.000) in last year which is convertible into 20,000 shares. The other is a 10% issue sold at total tk. 1,000,000 on June 30 of this current year and each Tk. 100 is convertible into 300 shares. The tax rate is 40%. Company follows straight line basis for amortization Required: i Compute the basic EPS for 2018. ii. Compute the diluted EPS for 2018 Step by Step Solution
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