Calculate the diluted eps

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Question - Assume that Ralphio plc had at 31 December? 20X7:

An issued capital of? 1,200,000 ordinary shares of 25p each nominal value.

Profit attributable to shareholders of? £2,360,000.

Convertible? 6% preference shares of? £1 each totalling? £600,000, convertible at 2 ordinary shares for every 5 convertible preference shares.

Required - Calculate the diluted EPS for 20X7.

Reference no: EM133130585

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