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NEW QUESTION: 1
A. Option C
B. Option A
C. Option B
D. Option D
Answer: D
NEW QUESTION: 2
In 2012 Fiona Co had a basic EPS of 105c based on earnings of $105,000 and 100,000 ordinary $1 shares. It also had in issue $40,000 15% Convertible Loan Stock which is convertible in two years' at the rate of 4 ordinary shares for every $5 of stock. The rate of tax is 30%. In 2012 gross profit of $200,000 and expenses of $50,000 were recorded, including interest payable of $6,000.
What is the dilution in earnings?
A. 22.3c
B. 25.5c
C. 82.7c
D. 28.6c
Answer: A
NEW QUESTION: 3
A. Option A
B. Option D
C. Option B
D. Option C
Answer: D
