Jeevan Ltd. earned a net profit after tax of ₹90,00,000 during the year ended 31 st March, 2012. The company's equity capital is 10,000 shares of ₹10 each. The company has also issued 5,000, 20% convertible debentures of

CS Executive · Company Accounts & Auditing Practices · PYQS · June 2014
Jeevan Ltd. earned a net profit after tax of ₹90,00,000 during the year ended 31 st March, 2012. The company's equity capital is 10,000 shares of ₹10 each. The company has also issued 5,000, 20% convertible debentures of ₹20 each, convertible into shares at par. Compute the basic EPS and diluted EPS as per AS-20, assuming income tax rate at 30%.

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