CAF-6 · Chapter 11 · Question 15 of 15
Zeta Ltd reported a profit of Rs. 1,850,000 and has 1,000,000 basic shares. It also has convertible options that would add Rs. 84,000 to earnings and 160,000 to shares. What is the Diluted EPS?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) Rs. 1.67
Explanation
Diluted EPS is calculated as adjusted earnings divided by adjusted shares: (1,850,000 + 84,000) / (1,000,000 + 160,000) = 1,934,000 / 1,160,000 = Rs. 1.67.
More IAS 33 Earnings per share MCQs
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