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AASAP pls Suppose a firm has: WACSO of 250,000 Net Income of 2,000,000 Shares of convertible preferred stock: 30,000 Convertible shares pay a $10 dividend

image text in transcribedAASAP pls

Suppose a firm has: WACSO of 250,000 Net Income of 2,000,000 Shares of convertible preferred stock: 30,000 Convertible shares pay a $10 dividend One preferred share can be converted into 4 shares of common stock There are no other potentially dilutive securities. What is the firm's Basic and Diluted EPS? Basic EPS = 7.14; Diluted EPS = 6.80 Basic EPS = 8; Diluted EPS = 7.14 Basic EPS = 6.80; Dilluted EPS = 5.41 O Basic EPS = 7.68; Dilluted EPS = 6.76

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