问题如下图：请问1000*24是什么意思 ？分母为什么不是15000+convertible的 ？
选项：
A. 
B. 
C. 
解释：
Olive_品职助教 · 2019年09月23日
同学你好，老师上课的时候讲判断是否有稀释作用，有两种判断方法，一种是直接计算一个某种工具转换后的diluted EPS，另一种方法是单独看一下该工具对应的转换后对分子分母的影响单独求一个结果，然后看这个结果跟basic EPS比是高还是低，如果低于basic EPS就是有稀释作用，反之就没有，这道题就是用的老师讲的第二种方法。单独计算了可转换债券转换后对basic EPS分子的影响部分，和对分母的影响部分，两者的分式结果是2.17，是大于basic EPS的，用老师上课时的比喻就是，相当于果汁里兑了更浓的果汁，不会稀释原有的果汁，所以这道题里的可转债是有反稀释作用的。加油
NO.PZ2016012102000039 问题如下 Given the following information, calculate the company's luteEPS:company hnet income of $200,000 an150,000 common shares outstanng from the beginning of the year. Company also h1,000, 8%, $1,000 pbon convertible into 24 shares each,outstanng of the beginning of the year. The trate is 35%. A.$1.1. B.$1.3 C.$2.17. Basic EPS = $200,000150,000=$1.3\frac{\$200,000}{150,000}=\$1.3150,000$200,000=$1.3Cheif the convertible bon are lutive:Impaof numerator= (1,000 x 1,000 x 0.08) x (1 - 0.35) = $52,000Impaof nominator = (1,000 x 24) = 24,000 sharesImpaper share =$52,00024,000shares=$2.17\frac{\$52,000}{24,000shares}=\$2.1724,000shares$52,000=$2.17$2.17 basic EPS of $1.3, so the bon are antilutive. Then the luteEPS = basic EPS = $1.3.考点股票稀释假设把所有的债权转为股权 Net income = 200,000+1,000×1,000×8%×(1-35%) =252,000share = 150,000+1,000×24 =174,000EPS = [200,000+1,000×1,000×8%×(1-35%)]/(150,000+1,000×24)=1.45大于basic EPS，因此没有稀释作用，luteEPS=basic EPS=1.3 老师好，可否一下答案中Impaof numerator= (1,000 x 1,000 x 0.08) x (1 - 0.35) = $52,000为什么是 1000 x 1000 x 0.08
NO.PZ2016012102000039 问题如下 Given the following information, calculate the company's luteEPS:company hnet income of $200,000 an150,000 common shares outstanng from the beginning of the year. Company also h1,000, 8%, $1,000 pbon convertible into 24 shares each,outstanng of the beginning of the year. The trate is 35%. A.$1.1. B.$1.3 C.$2.17. Basic EPS = $200,000150,000=$1.3\frac{\$200,000}{150,000}=\$1.3150,000$200,000=$1.3Cheif the convertible bon are lutive:Impaof numerator= (1,000 x 1,000 x 0.08) x (1 - 0.35) = $52,000Impaof nominator = (1,000 x 24) = 24,000 sharesImpaper share =$52,00024,000shares=$2.17\frac{\$52,000}{24,000shares}=\$2.1724,000shares$52,000=$2.17$2.17 basic EPS of $1.3, so the bon are antilutive. Then the luteEPS = basic EPS = $1.3.考点股票稀释假设把所有的债权转为股权 Net income = 200,000+1,000×1,000×8%×(1-35%) =252,000share = 150,000+1,000×24 =174,000EPS = [200,000+1,000×1,000×8%×(1-35%)]/(150,000+1,000×24)=1.45大于basic EPS，因此没有稀释作用，luteEPS=basic EPS=1.3 计算basic EPS,不需要用NI剪去债券的利息支出吗
NO.PZ2016012102000039 问题如下 Given the following information, calculate the company's luteEPS:company hnet income of $200,000 an150,000 common shares outstanng from the beginning of the year. Company also h1,000, 8%, $1,000 pbon convertible into 24 shares each,outstanng of the beginning of the year. The trate is 35%. A.$1.1. B.$1.3 C.$2.17. Basic EPS = $200,000150,000=$1.3\frac{\$200,000}{150,000}=\$1.3150,000$200,000=$1.3Cheif the convertible bon are lutive:Impaof numerator= (1,000 x 1,000 x 0.08) x (1 - 0.35) = $52,000Impaof nominator = (1,000 x 24) = 24,000 sharesImpaper share =$52,00024,000shares=$2.17\frac{\$52,000}{24,000shares}=\$2.1724,000shares$52,000=$2.17$2.17 basic EPS of $1.3, so the bon are antilutive. Then the luteEPS = basic EPS = $1.3.考点股票稀释假设把所有的债权转为股权 Net income = 200,000+1,000×1,000×8%×(1-35%) =252,000share = 150,000+1,000×24 =174,000EPS = [200,000+1,000×1,000×8%×(1-35%)]/(150,000+1,000×24)=1.45大于basic EPS，因此没有稀释作用，luteEPS=basic EPS=1.3 为什么要算第一步2.17
NO.PZ2016012102000039问题如下 Given the following information, calculate the company's luteEPS:company hnet income of $200,000 an150,000 common shares outstanng from the beginning of the year. Company also h1,000, 8%, $1,000 pbon convertible into 24 shares each,outstanng of the beginning of the year. The trate is 35%.A.$1.1.B.$1.3C.$2.17. Basic EPS = $200,000150,000=$1.3\frac{\$200,000}{150,000}=\$1.3150,000$200,000=$1.3Cheif the convertible bon are lutive:Impaof numerator= (1,000 x 1,000 x 0.08) x (1 - 0.35) = $52,000Impaof nominator = (1,000 x 24) = 24,000 sharesImpaper share =$52,00024,000shares=$2.17\frac{\$52,000}{24,000shares}=\$2.1724,000shares$52,000=$2.17$2.17 basic EPS of $1.3, so the bon are antilutive. Then the luteEPS = basic EPS = $1.3.考点股票稀释假设把所有的债权转为股权 Net income = 200,000+1,000×1,000×8%×(1-35%) =252,000share = 150,000+1,000×24 =174,000EPS = [200,000+1,000×1,000×8%×(1-35%)]/(150,000+1,000×24)=1.45大于basic EPS，因此没有稀释作用，luteEPS=basic EPS=1.3 可以一下1000，8%，还有一个啥是什么意思
NO.PZ2016012102000039问题如下Given the following information, calculate the company's luteEPS:company hnet income of $200,000 an150,000 common shares outstanng from the beginning of the year. Company also h1,000, 8%, $1,000 pbon convertible into 24 shares each,outstanng of the beginning of the year. The trate is 35%.A.$1.1.B.$1.3C.$2.17. Basic EPS = $200,000150,000=$1.3\frac{\$200,000}{150,000}=\$1.3150,000$200,000=$1.3Cheif the convertible bon are lutive:Impaof numerator= (1,000 x 1,000 x 0.08) x (1 - 0.35) = $52,000Impaof nominator = (1,000 x 24) = 24,000 sharesImpaper share =$52,00024,000shares=$2.17\frac{\$52,000}{24,000shares}=\$2.1724,000shares$52,000=$2.17$2.17 basic EPS of $1.3, so the bon are antilutive. Then the luteEPS = basic EPS = $1.3.考点股票稀释假设把所有的债权转为股权 Net income = 200,000+1,000×1,000×8%×(1-35%) =252,000share = 150,000+1,000×24 =174,000EPS = [200,000+1,000×1,000×8%×(1-35%)]/(150,000+1,000×24)=1.45大于basic EPS，因此没有稀释作用，luteEPS=basic EPS=1.3 分子应该是200000+1000x0.8x65%吧。怎么会是200000x1000x1000x0.8x65%呢
