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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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