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【单选题】
Barwell Co had 10 million ordinary shares in issue throughout the year ended 30 June 20X3. On 1 July 20X2 it had issued $2 million of6%convertible loan stock, each $5 of loan stock convertible into 4 ordinary shares on 1 July 20X6 at the option of the holder.Barwell Co had profit after tax for the year ended 30 June 20X3 of $1,850,000. It pays tax on profits at 30%.What was diluted earnings per share for the year?
A.
$0.167
B.
$0.185
C.
$0.161
D.
$0.17
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