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Computation of eps
A loan is oustanding as on 31.3.2014, the same is converted in to Equity Shares during current year, Please help me to calculate EPS
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The Presentation of EPS for above will be as follows (assuming that loan repaid through shares in mid year F.Y. 2015-16)
Basic EPS for 2015-16
Weighted agv no. of oustanding shares = original no. of shares * 12/12 + Shares issued against loan * 6/12
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