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Flora Trading Limited had 5 million shares outstanding on January 1, 2020. On March 1, the company issued 200000 right shares. On June 1, the company repurchased 50000 shares. On September 1, the company again issued 150000 shares to the public. The company also had 40000 preference shares. All preference shareholders were entitled to get a 10% dividend. There was a clause through which 1 preferred share could be converted to 5 common shares. Reported net income was BDT 50 million.
A) Calculate weighted average number of shares of Flora Trading limited.
B) Calculate basic EPS.
C) Calculate Diluted EPS of the company
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