Question
Green Thumb Nursery has 55,000 shares outstanding at a market price of $63.61 per share. The earnings per share are $3.61. The firm has total
Green Thumb Nursery has 55,000 shares outstanding at a market price of $63.61 per share. The earnings per share are $3.61. The firm has total assets of $366,000 and total liabilities of $209,000. Today, the firm announced a share repurchase for $121,000 of its stock. What is the earnings per share after the repurchase?
Multiple Choice
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$3.87
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$3.74
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$3.51
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$3.61
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$3.80
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Financial Management For Public Health And Not For Profit Organizations
Authors: Steven A. Finkler
4th International Edition
0132912813, 9780132912815
