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Green Thumb Nursery has 36,000 shares outstanding at a market price of $63.23 per share. The earnings per share are $3.23. The firm has total
Green Thumb Nursery has 36,000 shares outstanding at a market price of $63.23 per share. The earnings per share are $3.23. The firm has total assets of $328,000 and total liabilities of $190,000. Today, the firm announced a share repurchase for $83,000 of its stock. What is the earnings per share after the repurchase?
Green Thumb Nursery has 36,000 shares outstanding at a market price of $63.23 per share. The earnings per share are $3.23. The firm has total assets of $328,000 and total liabilities of $190,000. Today, the firm announced a share repurchase for $83,000 of its stock. What is the earnings per share after the repurchase? Multiple Choice O $3.14 $3.35 O $3.23 OStep by Step Solution
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