alleryStart learning →Earnings Rs 20,00,000, shares 50,000, bonds convert into 50,000 shares. Ignore interest. Diluted EPS?
ARs 10
BRs 20
CRs 40
DRs 80
Answer & Solution
Correct answer: B. Rs 20
Shares double to 1,00,000 on conversion, so 20,00,000 divided by 1,00,000 equals Rs 20.
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