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Calculate basic and diluted EPS for the year ended 3 0 June 2 0 2 2 using the information below. Please show step by step
Calculate basic and diluted EPS for the year ended June using the information below. Please show step by step working from formula to answer.
The company does not pay any dividends to the common shareholders in the year ended June
The company has million shares of preferred stock outstanding for the entire year which are each convertible into shares of common stock.
There is no preferred dividend paid during the year. The company does not have other potentially dilutive security.
No of shares outstanding on July million
No of shares issued on December million
No of shares repurchased on April million
No of shares outstanding on June million
I am particularly struggling on the actual working steps, I would typically just use an online calculator...
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