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For the year ended 31 December 2021, Holana Meka had a net income of $5,000. The company declared and paid $200 of dividends on preferred
For the year ended 31 December 2021, Holana Meka had a net income of $5,000. The company declared and paid $200 of dividends on preferred stock. Holana Meka started the year 2021 (on 1 January 2020) with 2000 share outstanding, and on 1 May 2021 it issued 500 additional shares of common stock but on 1 September 2021 it repurchased 300 shares of common stock. What is the companys basic EPS? a. $2.71 b. $2.51 c. None of the above d. $2.40 e. $2.15 f. $2.04
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