Question
B&B Corporation plans to repurchase $165,000 of its stock. The company has 47,000 shares outstanding and earnings per share of $3.45. The company stock is
B&B Corporation plans to repurchase $165,000 of its stock. The company has 47,000 shares outstanding and earnings per share of $3.45. The company stock is currently selling for $77.13 per share. What is the priceearnings ratio after the repurchase?
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Information Quality Assurance And Internal Control For Management Decision Making
Authors: William R Kinney
1st Edition
0256221618, 9780256221619
