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19. You are valuing a company that has a June 30 financial year end. It is now April 5, 2016. Assuming your company publishes its

19. You are valuing a company that has a June 30 financial year end. It is now April 5, 2016. Assuming your company publishes its 10-Q no earlier than 2 weeks of the end of the quarter, how many quarters of activity must you forecast when estimating the annual net income for the year that will end June 30, 2016?

a. 1 b. 2 c. 3 d. 4 e. 5

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