Study the data given below:

Net profit for the year ending 31-12-17 after preference dividend and tax ®   Rs. 1,00,000 No. of equity shares as on 1-1-2017 ®   Rs. 50,000 No. of 12% convertible debentures of Rs. 100 each ®   Rs, 1,00,000 Each debenture is convertible into 10 equity shares. The tax rate applicable to the company is 30% The […]