Calculate diluted EPS ordinary shares: price 0.50p with 2,000,000 shares issued preference shares: totaled at 3,000,000 at
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Question:
ordinary shares:
price 0.50p with 2,000,000 shares issued
preference shares:
totaled at £3,000,000 at 0.50p which can be converted into 2 ordinary shares for 3 preference shares.
Taxable income is at 40% rate
£1000000 revenue for the year
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