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Question 21 (1 point) A firm has 5,490 common shares outstanding with a total market value of $249,620. Currently, the firm has excess cash of
Question 21 (1 point) A firm has 5,490 common shares outstanding with a total market value of $249,620. Currently, the firm has excess cash of $12,370 and net income of $19,970. 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? $3.73 $3.83 $3.92 $4.02 $4.11
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