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Quaker State Wings has 235,000 shares outstanding and net income of $895,000. The company stock is currently selling for $82.18 per share. If the company

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Quaker State Wings has 235,000 shares outstanding and net income of $895,000. The company stock is currently selling for $82.18 per share. If the company repurchases $617,000 of its stock, what is the earnings per share after the repurchase? Multiple Choice $3.99 $4.05 $4.13 $3.81

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