Question: in 2019 a company had the following record of equitynumber...
In 2019, a company had the following record of equity:
Number of shares outstaning at the start of the year: 20,000,000
28/2/2019: Issuing 300,000 shares.
31/3/2019: Issuing 450,000 shares.
30/6/ 2019: Buying back 100,000 shares.
31/9/2019: Issuing 50,000 shares.
The profit for this company in 2019 is $25,000,000. There is no preferred stock in the equity. What is the basic Earning per share (EPS)?