O11010 repurchase. Jeff Can you elaborate? What is a share repurchase? Nicole Pruett When a company buys back its own shares at market prices Correct! Jasmine This will lower your PE ratio back to a range where investors are more comfortable purchasing shares. This scenario is shown to the right of your screen. What is Amazon's PE ratio? (Enter answer with one decimal place.) Materials on the right have been updated >>> Enter a response then click Submit below Submit Stock price Shares outstan ding Market cap $43.00 EPS 10,326 ,000

$444,0 18,000 Excess $93,26 Cash 0,000 $1.31

This will lower your PE ratio back to a range where investors are more comfortable purchasing shares. This scenario is shown to the right of your screen. What is Amazon's PE ratio? (Enter answer with one decimal place.) Materials on the right have been updated \> \begin{tabular}{|l|r|} \hline Stockprice & $43.00 \\ \hline Sharesoutstanding & 10,326,000 \\ \hline Market & $444,0 \\ cap & 18,000 \\ \hline & $93,26 \\ \hline Excess & 0,000 \\ \hline Cash & $1.31 \\ \hline \end{tabular} This will lower your PE ratio back to a range where investors are more comfortable purchasing shares. This scenario is shown to the right of your screen. What is Amazon's PE ratio? (Enter answer with one decimal place.) Materials on the right have been updated \> \begin{tabular}{|l|r|} \hline Stockprice & $43.00 \\ \hline Sharesoutstanding & 10,326,000 \\ \hline Market & $444,0 \\ cap & 18,000 \\ \hline & $93,26 \\ \hline Excess & 0,000 \\ \hline Cash & $1.31 \\ \hline \end{tabular}