Question
Green Thumb Nursery has 33,000 shares outstanding at a market price of $63.17 per share. The earnings per share are $3.17. The firm has total
Green Thumb Nursery has 33,000 shares outstanding at a market price of $63.17 per share. The earnings per share are $3.17. The firm has total assets of $322,000 and total liabilities of $187,000. Today, the firm announced a share repurchase for $77,000 of its stock. What is the earnings per share after the repurchase?
Multiple Choice
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$3.41
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$3.29
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$3.17
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$3.35
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$3.08
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International Financial Reporting Standards An Introduction
Authors: Belverd E. Needles, Marian Powers
3rd Edition
1133187943, 978-1133187943
