Calculate the weighted average outstanding shares

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Reference no: EM132771338

Fire Wall Company Ltd has the following changes in its ordinary outstanding shares during 2019:

Date     Share changes                     Share

1-January Beginning balance            800,000

1-April Issued additional shares      160,000

1-June Re -purchased 240,000 shares from the Market 240,000

1 August Issued Share Dividends 25% 180,000

1-October Issued additional shares 80,000

Required

Problem (1) Calculate the weighted average outstanding shares as of 31 December 2019.

Problem (2) Calculate the earnings per share "EPS", assume that the net income was $ 3,200,000

Problem (3) Explain the meaning of Complex Capital Structure, Diluted EPS

Reference no: EM132771338

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