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Please use the following information to answer this question: Company A maintained 2 , 4 0 0 million shares outstanding at the beginning of Year
Please use the following information to answer this question:
Company A maintained million shares outstanding at the beginning of Year Throughout year it underwent the following capital restructuring:
Declared a stock dividend of share dividend for every share on hand
A private placement of million new shares
A for stock split
A new issuance of million shares.
Redeemed million shares
In the end of Year Company A reported an after tax net profit of million and the corporate tax rate applicable to Company A is
By the end of Year in the capital structure of Company A there are:
Convertible bond issued at par with a face value of $ million carrying a coupon of and a conversion ratio of for every $ face value.
million convertible preference share with face value of $ and a preferred dividend rate of pa Conversion ratio is common shares for preference share.
million equity warrants with an exercise price of $ On average, shares of company A are trading at throughout Year and the closing price for company As share is $ by the end of Year
a If the EPS for Year is $ per share, what will it be restated in the financial report of Year
b What is the weighted average no of shares of Company A
c What is the basic EPS of Company A in Year
d Are the convertible bond issued by Company A dilutive?
e Are the equity warrant issued by Company A dilutive?
f What is the dilute EPS for Company A
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