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Beta Industries has net income of $2,000,000, and it has 1,000,000 shares of common stock outstanding. The company's stock currently trades at $32 a share.

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Beta Industries has net income of $2,000,000, and it has 1,000,000 shares of common stock outstanding. The company's stock currently trades at $32 a share. Beta is considering a plan in which it will use available cash to repurchose 20% of its shareo in the open market. The ropurchase is oxpected to have no offeot on not income of its stock price. What will be Beta's EPS following the stock repurchase? 3. Beta Industries has net income of $2,000,000, and it has 1,000,000 shares of common stock outstanding. The company's stock currently trades at $32 a share. Beta is considering a plan in which it will use available cash to repurchose 20% of its shareo in the open market. The ropurchase is oxpected to have no offeot on not income of its stock price. What will be Beta's EPS following the stock repurchase? 3

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