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Samsun Company earned $400,000 last year. The company had 15,000 shares of common stock Problem 6-7 outstanding on January 1 , sold 8,000 shares on

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Samsun Company earned $400,000 last year. The company had 15,000 shares of common stock Problem 6-7 outstanding on January 1 , sold 8,000 shares on June 1 and sold 4,000 shares on November 1. Calculate the EPS for Samsun. How much does Meghann need to invest today at 7% so that she can withdraw $100,000 Problem 6-8 each year for the next 20 years? Still on Meghann - What if Meghann wanted to withdraw $100,000 for 30 years - how Problem 6-9 much would she need to invest today at 8%

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