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Quaker State Wings has 250,000 shares outstanding and net income of $910,000. The company stock is currently selling for $78.79 per share. If the company
Quaker State Wings has 250,000 shares outstanding and net income of $910,000. The company stock is currently selling for $78.79 per share. If the company repurchases $620,000 of its stock, what is the earnings per share after the repurchase? Multiple Choice $3.81 $3.87 $3.95 $3.64 $3.76
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