Quiz nav uestion 14 ot yet nswered Ardent Co has 5,000,000 ordinary shares of 25 cents each in issue, and also had in issue in 2019: 1 1 2 Aarked out of 5 6 Flag question (a) Shs 1,000,000 of 14% convertible loan stock, convertible in three years' time at the rate of two shares per Shs10 of stock 9 10 13 14 1 1 (b) Shs2,000,000 of 10% convertible loan stock, convertible in one year's time at the rate of three shares per Shs5 of stock. The total earnings in 20X4 were Shs 1,750,000. Finish attemp Time Left 0:42 The rate of income tax is 35%. What is the basic EPS Select one​