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Please show the formula and the calculation process. ordinary shares and their dividends are not tax deductible. As at 1 July 20X4 there were 3000000
Please show the formula and the calculation process.
ordinary shares and their dividends are not tax deductible. As at 1 July 20X4 there were 3000000 fully paid ordinary shares on issue. There are also 180000 share options currently on issue with an exercise price of $1.69. The average market price for the ordinary shares during the year was $2.82. The tax rate is 30%. What is the diluted EPS as of Watered Down Ltd 30 June 20X5? a. 0.2690 b. 0.2190 c. 0.2201 d. 0.1815 e. 0.2283 f. 0.2130xStep by Step Solution
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