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can you help me please (Stock repurchases and earnings per sharo) CareMore, Inc. provides in-home medical assistance to the elderly and earned net income of
can you help me please
(Stock repurchases and earnings per sharo) CareMore, Inc. provides in-home medical assistance to the elderly and earned net income of $5,3 million that it plans to use to repurchase shares of the firm's common stock, which is currently selling for $49 a share. Care More has 25 million shares of stock outstanding a. What fraction of the firm's shares can the firm repurchase for $5 3 million? b. If the share repurchase has no impact on the firm's net income, what will be its earnings per share after the repurchase? GO What fraction of the firm's shares can the firm repurchase for 55.3 milion? 044% (Round to two decimal places) bs. If the share repurchase has no impact on the firm's net income what will be its earnings per share after the repurchase? Round to four decimal places) Step by Step Solution
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