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Show all steps and calculations please Compute the impairment loss in relation to the aforementioned item of machinery to be shown in company X's income

Show all steps and calculations please
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Compute the impairment loss in relation to the aforementioned item of machinery to be shown in company X's income statement for the year ending 30th September 2020. (5 marks) Question 6 Company X has a June 30th year-end. On 1 July 205 company X issued 40 million 10% convertible loan stock at par. The terms of conversion (on 1 July 20X9) are that for every 200 of loan stock, 40 ordinary shares will be issued at the option of loan stockholders. The income tax is 25%. Earnings attributable to ordinary shareholders for the year ended 30th June 206 were 32.4m and 60 million ordinary shares in issue. You may assume that the convertible loan stock is dilutive. Calculate company X 's diluted EPS for the year ended 30in June 20X6. (6 marks)

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