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Question 23 (1 point) Stampede Inc. (SI) is a public company. On January 1, 2020, 65,000 common shares were issued and outstanding. During the year:
Question 23 (1 point) Stampede Inc. (SI) is a public company. On January 1, 2020, 65,000 common shares were issued and outstanding. During the year: 15,000 additional common shares were issued on April 1. 20,000 preferred shares were issued on June 1; these shares are non- cumulative and carry an annual dividend entitlement of $2 per share. No dividends were declared. Net income was $2,000,000. . What is the basic EPS for Sl for its fiscal 2020 year end? a) $22.75 Ob) $25.00 c) $25.70 d) $26.23
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