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Profit after tax OMR 8,000,000 Number of common shares 150,000 Number of preferred stock = 100,000 (Future these convertible preference shares are converted to equity

Profit after tax OMR 8,000,000

Number of common shares 150,000

Number of preferred stock = 100,000 (Future these convertible preference shares are converted to equity shares)

Face value of the share OMR 10

Preference dividend rate 15%

Tax rate 20%

Calculate Diluted Earnings per share.

a-OMR 25.4

b-OMR 62.4

c-OMR 31.4

d-OMR 25.4

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