Question
Green Thumb Nursery has 44,000 shares outstanding at a market price of $63.39 per share. The earnings per share are $3.39. The firm has total
Green Thumb Nursery has 44,000 shares outstanding at a market price of $63.39 per share. The earnings per share are $3.39. The firm has total assets of $344,000 and total liabilities of $198,000. Today, the firm announced a share repurchase for $99,000 of its stock. What is the earnings per share after the repurchase?
Multiple Choice
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$3.58
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$3.39
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$3.51
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$3.29
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$3.64
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Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
Authors: M Hanif, A Mukherjee
2nd Edition
935260556X, 9789352605569
