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On January 2, 2019, Ali Co. issued at par 2,000,000 of 7% convertible bonds. Each 1,000 bond is convertible into 20 ordinary shares.. Compute the

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On January 2, 2019, Ali Co. issued at par 2,000,000 of 7% convertible bonds. Each 1,000 bond is convertible into 20 ordinary shares.. Compute the earnings per share for 2019 (rounded to the nearest penny) [3 Mark] Answer 7 A B I : On January 2, 2019, Ali Co. issued at par 2,000,000 of 7% convertible bonds. Each 1,000 bond is convertible into 20 ordinary shares.. Compute the earnings per share for 2019 (rounded to the nearest penny) [3 Mark] Answer 7 A B

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