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Find the number of shares for calculating the diluted eps is

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Leek Co's profit for the year ended 31 December 2018 was €1,500,000. On 1 January 2018 Leek Co had 500,000 ordinary shares outstanding. On 1 July 2018 there was a full market price issue of 200,000 additional shares. In addition the company has one potentially convertible security: €800,000 of 5% convertible bonds, convertible into a total of 200,000 shares. Assuming a tax rate of 30%, calculate the company's basic and diluted EPS.

Question 1: For calculating the basic EPS the weighted average number of shares for the year ended 31 December 2018 is

  1. The Basic EPS is
  2. The restated profit for calculated the Diluted EPS is
  3. The number of shares for calculating the Diluted EPS is
  4. The diluted EPS is

Reference no: EM132544324

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