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Question 21 (1 point) A firm has 4,470 common shares outstanding with a total market value of $193,520. Currently, the firm has excess cash of
Question 21 (1 point) A firm has 4,470 common shares outstanding with a total market value of $193,520. Currently, the firm has excess cash of $10,660 and net income of $14,780. If the firm uses all of its excess cash to repurchase the common shares, what will be the revised EPS after the stock repurchase is complete? $3.32 $3.41 $3.50 $3.59 $3.67
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