試題詳解

16. On January 2, 20X9, ABC Co. issued at par £2,000,000 of 7% convertible bonds. Each £1,000 bond is convertible into 20 ordinary shares. No bonds were converted during 20X9. ABC had 300,000 ordinary shares outstanding during 20X9. ABC’s 20X9 net income was £600,000 and the income tax rate was 30%. ABC’s diluted earnings per share for 20X9 would be (rounded to the nearest penny):
(A) £1.76
(B) £2.05
(C) £2.18
(D) £2.33