FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Green Thumb Nursery has 34,000 shores outsthnding at a market price of $63.19 per share. The eamingis per share are $319. The firm has totat

image text in transcribed
image text in transcribed
Green Thumb Nursery has 34,000 shores outsthnding at a market price of $63.19 per share. The eamingis per share are $319. The firm has totat assets of $324,000 and total kabilities of $188,000. Today. the firm announced a share repurchase for $79,000 of is stock. What is the earnings per share after the repurchase? Multiple Choice $3.19 $3.10 $3.37 $3.31 $3.43

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Commercial Aircraft Finance Handbook

The Commercial Aircraft Finance Handbook

Authors: Ronald Scheinberg

1st Edition

1781372608, 978-1781372609

More Books

Students also viewed these Finance questions

Question

★★★★★
At its current price of $0.80 per share, Golden Egg Resources stock is down 73% from its price one year ago. What was that price?

Answered: 1 week ago

Question

★★★★★
does the The AWS CLI allow you to interact with aws services that are running in the cloud

Answered: 1 week ago

Question

★★★★★
=+2. How will these tactics help the organization achieve its objectives?

Answered: 1 week ago

Question

★★★★★
The financial statements for Nike, Inc., are provided in Appendix D at the end of the text. a. Determine the free cash flow for the year ended May 31, 2010. Assume that 90% of additions to property,...

Answered: 1 week ago

Question

★★★★★
Green Thumb Nursery has 34,000 shores outsthnding at a market price of $63.19 per share. The eamingis per share are $319. The firm has totat assets of $324,000 and total kabilities of $188,000....

Answered: 1 week ago

Question

★★★★★
If the Federal Reserve Blank 1 Question 4 its target inflation rate, shifting its policy reaction function upward, then the aggregate demand curve shifts to the Blank 2 Question 4

Answered: 1 week ago

Question

★★★★★
Question 4 2 pts You have been asked to track the changes within the linear motion of the pelvis during a squat. At the initial position the pelvis was located at (5, 93) at 0 seconds. At the lowest...

Answered: 1 week ago

Question

★★★★★
Use synthethic division to determine is number K is a zero of F{.'x} f(a:)= 2$4=w33$+4;k=2 use synthetic division to determine if the number K is a zero of the Possible answers: a. yes is a zero b....

Answered: 1 week ago

Question

★★★★★
Statue Corporation's balance sheet at January 1, 20X7, reflected the following balances Assets Cash & Receivables Inventory Land Income Taxes Payable $ 82,000 135,000 67,000 Bonds Payable Buildings &...

Answered: 1 week ago

Question

★★★★★
On June 1, 2024, Ivanhoe, Inc. issued $6,880,000, 6% bonds for $6,743,260, which includes accrued interest. Interest is payable semiannually on February 1 and August 1 with the bonds maturing on...

Answered: 1 week ago

Question

★★★★★
Suppose a firm's net income is $200 and its profit margin is 10%. If the firm is working at 2/3 capacity, then full capacity sales is: A. $1,500 B. $3,000 O C. $1,000 D. $2,000 E. $2,500

Answered: 1 week ago

Question

★★★★★
KEY QUESTION Briefly discuss the major causes of income inequality. With respect to income inequality, is there any difference between inheriting property and inheriting a high IQ? Explain.

Answered: 1 week ago

Question

★★★★★
LAST WORD Go to Table 1 in the Last Word and compute the ratio of average wealth to median wealth for each of the 4 years. What trend do you find? What is your explanation for the trend? The Federal...

Answered: 1 week ago

Question

★★★★★
KEY QUESTION What are the estimated income and price elasticities of demand for health care? How does each relate to rising health care costs?

Answered: 1 week ago

Previous Question Next Question