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Quaker State Wings has 205,000 shares outstanding and net income of $865,000. The company stock is currently selling for $88.96 per share. If the company

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Quaker State Wings has 205,000 shares outstanding and net income of $865,000. The company stock is currently selling for $88.96 per share. If the company repurchases $611,000 of its stock, what is the earnings per share after the repurchase? Multiple Choice $4.58 $4.37 $4.22 $4.43 $4.50

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