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QUESTION 3 PT BCD has preferred shares with a total of 30,000 and a par price of Rp 3,500 per share. Preferred shares can be
QUESTION 3 PT BCD has preferred shares with a total of 30,000 and a par price of Rp 3,500 per share. Preferred shares can be converted into ordinary shares with the rule that every 3 shares of preference shares will be converted into 1 share of common stock. In 2021, PT BCD posted a net profit of Rp 450,000. The number of ordinary shares outstanding is 47,000 and has a par value of Rp 2,300 per share. REQUESTED: a. What is the impact of the preferred stock on PT BCD's EPS?
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