Subject: Assigenment

Give the answer me

During 2019, Dhaka Brothers reported net profit of BDT115,600. On 1 January 2019m they had 200,000 shares of common stock outstanding. On 1 May 2019, they issued 50,000 new shares. During the entire year, Dhaka Brothers also had 1,000 shares of 10%, BDT100 par, non-convertible preferred stock outstanding. During 2019, thay issued 600, BDT1,000 par, 7% bonds for BDT600,000 (issued at par). Each of these bonds is convertible to 100 shares of common stock. The tax rate is 40%.

Question

1.1 Calculate their weighted average number of common shares.

1.2 Do they have a simple capital structure or a complex capital structure? Why? Limit your answer within 20 words.

1.3 Calculate their Basic EPS.

1.4 Calculate their Diluted EPS.

1.5 What is the name of the method used for calculating the diluted EPS?Limit your answer within 5 words.