On January 1, 2019, Lund SA issued 10-year, 3,000,000 face value, 6% bonds, at par. Each 1,000
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a. Compute diluted earnings per share for 2019.
b. Compute diluted earnings per share for 2019, assuming the same facts as above, except that €1,000,000 of 6% convertible preference shares were issued instead of the bonds. Each €100 preference share is convertible into 5 ordinary shares of Lund.
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Related Book For
Intermediate Accounting IFRS
ISBN: 978-1119372936
3rd edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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