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QUESTION 4 Eagle Corp. had net income for 2020 of $100,000. The company had 20,000 shares outstanding on Jan. 1, 2020. On July 1, the
QUESTION 4 Eagle Corp. had net income for 2020 of $100,000. The company had 20,000 shares outstanding on Jan. 1, 2020. On July 1, the company had a 2-for-1 stock split. Basic EPS is: $5.00 $0.50 $3.33 $2.50 QUESTION 11 1 points Save Answer 2020 Net income = $500,000 2020 Preferred Dividends = $25,000 Shares outstanding @ 1/1/2020 = 75,000 Fiscal year-end = 12/31 Analysts are forecasting basic EPS to be $7.36 for 2020. If the company wanted to make basic EPS equal to analysts' forecast by buying back shares of stock, how many shares would they need to have bought back on 10/1/2020? (Write you answer without using commas and round to the nearest integer) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). U Paragraph Arial 14px > A Tx 76 9 Q .. ABC x? X g -- > Ts IM v TT |x 99 92 | # ll HH Ex: +1 {3} Ra y + O WORDS POWERED BY TINY
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