Mathematics · Accounting and Financial Metrics
Study the financial data given below: - Net profit for the year ending 31-12-2017 after preference dividend and tax = Rs. 1,00,000 - Number of equity shares as on 01-01-2017 = 50,000 - Number of 12% convertible debentures of Rs. 100 each = 1,00,000 - Each debenture is convertible into 10 equity shares. The tax rate applicable to the company is 30%. The Diluted Earnings Per Share (EPS) will be:
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