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Required: 1. Calculate the projected earnings per shere and retuen on equity for 2024 before any purchase of stoch Now assume Renegade Clothing bortows St milion and utes the money to purchase 100,000 shares of its own stock at 510 per share The projections for 2024 will change as follows 2. Calculate the new projected earnings per share and return on equity for 2024 , assuming the company goes through with the treasury stock purchase. (Hint In computing earnings per share, overage shares outstanding is now 900,000=(850,000+950,000) ) 2.) 3. Does the purchase of treasury stock near year end improve earnings per share and the return on equity ratio? Complete this question by entering your answers in the tabs below. Calculate the projected eamings per share and retum on equity lor 2024 before arty purchase of stocke Required: 1. Calculate the projected earnings per share and return on equity for 2024 before any purchase of stock Now assume Renegade Clothing borrows $1 million and uses the money to purchase 100,000 shares of its own stock at $10 per- thase The projections for 2024 will change as follows 2. Calculate the new projected earnings per share and return on equity for 2024 , assuming the company goes through with the treasury stock purchase. (Hint In computing earnings per share, average shares outstanding 15 now 900,000=(850.000+950,000) I 2) 3. Does the purchase of treasury stock near year-end improve earnings per share and the return on equity ratio? Complete this question by entering your answers in the tabs below. Calculate the new projected earnings per share and return on equity for 2024, assuming the company goes through with the treasury stock purchase. (Hint: In computing earnings per share, average shares outstanding is now 900,000=(650,000+ 950,000)/2.) company borrow additional funds and use the proceeds to purchase some of its own stock-treasury shares. Is this a good idea? Required: 1. Calculate the projected earnings per share and return on equity for 2024 before any purchase of stock: Now assume Renegade Clothing borrows $1 million and uses the money to purchase 100,000 shares of its own stock at $10 per 5 are. The projections for 2024 will change as follows: 2. Calculate the new projected earnings per share and return on equity for 2024 , assuming the company goes through with the treasury stock purchase. (Hint: In computing earnings per share, average shares outstanding is now 900,000=(850,000+950,000) ) 2) 3. Does the purchase of treasury stock near year-end improve earnings pet share and the return on equity ratio? Complete this question by entering your answers in the tabs below. Does the purchase of treasury stock near year-end improve earnings per share and the return on equity ratio? Required: 1. Calculate the projected earnings per shere and retuen on equity for 2024 before any purchase of stoch Now assume Renegade Clothing bortows St milion and utes the money to purchase 100,000 shares of its own stock at 510 per share The projections for 2024 will change as follows 2. Calculate the new projected earnings per share and return on equity for 2024 , assuming the company goes through with the treasury stock purchase. (Hint In computing earnings per share, overage shares outstanding is now 900,000=(850,000+950,000) ) 2.) 3. Does the purchase of treasury stock near year end improve earnings per share and the return on equity ratio? Complete this question by entering your answers in the tabs below. Calculate the projected eamings per share and retum on equity lor 2024 before arty purchase of stocke Required: 1. Calculate the projected earnings per share and return on equity for 2024 before any purchase of stock Now assume Renegade Clothing borrows $1 million and uses the money to purchase 100,000 shares of its own stock at $10 per- thase The projections for 2024 will change as follows 2. Calculate the new projected earnings per share and return on equity for 2024 , assuming the company goes through with the treasury stock purchase. (Hint In computing earnings per share, average shares outstanding 15 now 900,000=(850.000+950,000) I 2) 3. Does the purchase of treasury stock near year-end improve earnings per share and the return on equity ratio? Complete this question by entering your answers in the tabs below. Calculate the new projected earnings per share and return on equity for 2024, assuming the company goes through with the treasury stock purchase. (Hint: In computing earnings per share, average shares outstanding is now 900,000=(650,000+ 950,000)/2.) company borrow additional funds and use the proceeds to purchase some of its own stock-treasury shares. Is this a good idea? Required: 1. Calculate the projected earnings per share and return on equity for 2024 before any purchase of stock: Now assume Renegade Clothing borrows $1 million and uses the money to purchase 100,000 shares of its own stock at $10 per 5 are. The projections for 2024 will change as follows: 2. Calculate the new projected earnings per share and return on equity for 2024 , assuming the company goes through with the treasury stock purchase. (Hint: In computing earnings per share, average shares outstanding is now 900,000=(850,000+950,000) ) 2) 3. Does the purchase of treasury stock near year-end improve earnings pet share and the return on equity ratio? Complete this question by entering your answers in the tabs below. Does the purchase of treasury stock near year-end improve earnings per share and the return on equity ratio