Start learning →

For diluted EPS, what adjustment reflects conversion of convertible bonds?

AInterest added back
BInterest doubled
CPrincipal deducted
DBonds ignored
Answer & Solution
Correct answer: A. Interest added back
If bonds convert, the company no longer pays interest on them, so interest is added back to the numerator.
Practise this question with Quill — CA Final →

Keep practising Ind AS 33 Earnings per Share

Browse all Ind AS 33 Earnings per Share questions for CA Final, or explore more Financialreporting topics.

Start a Ind AS 33 Earnings per Share lesson →
Related questions
Opening shares 1,00,000; on 1 October 30,000 more issued for cash. Weighted shares, March EPS from continuing operations uses which numerator?Anti-dilution provisions in venture contracts favour whom?How can a firm offset the dilution from employee options?1,000 shares trade at Rs 20 and 250 new shares are issued at Rs 12. Theoretical diluted prWhich event can dilute existing owners' holdings?A larger share count lowering profit for each share is called what?What does stock dilution reduce?