number 3 please

what would be the total Assume instead of paying the cash dividend, the firm used the $4.8 million of excess funds to purchase shares at slightly over the current market value of $88 at a price of $89.60. How many shares could be repurchased? (Round to the nearest share.) What would the new earnings per share be under the stock repurchase alternative? (Round to three places to the right of the decimal point.) value UI IIU d. e. f If the P/E ratio stayed the same under the stock repurchase alternative, what would be the stock value per share? If a stockholder owned 100 shares, what would now be the total value of his portfolio? (This answer should be approximately the same as the answer to part c.) WEB EX E RC 1. 2. 3. Autodesk is a profitable, rapid-growth software and service company. This pre sumably justifies the firm not paying a cash dividend. Go to www.finance.yahoo.com and enter ADSK (Autodesk) in the "Get Quotes" box. Scroll down and click "Income Statement" in the margin at the left. Compute the following ratios for the most recent full year, and compare them to the following stock analysts' target numbers for the company Target 8% a. Net income/Total revenue b. Cost of revenue/Total revenue... c. Selling, general, and administrative 12 expense/Total revenue.. d. Income tax expense/Total revenue 2 rite a one-paragraph summary about Autodesk's ability to beat the analysts' targets in step 1. Do not automatically assume the firm will be able to beat the target numbers because Autodesk is in a highly competitive environment. Some years it will beat the target numbers and other years it will not. Note: Occasionally a topic we have listed nm a website. If you click on the site map casionally a topic we have listed may have been deleted, updated, or moved into a different location on or site index, you will be introduced to a table of contents that should aid you in finding the topic you are looking for