Question
Quaker State Wings has 315,000 shares outstanding and net income of $975,000. The company stock is currently selling for $64.10 per share. If the company
Quaker State Wings has 315,000 shares outstanding and net income of $975,000. The company stock is currently selling for $64.10 per share. If the company repurchases $633,000 of its stock, what is the earnings per share after the repurchase?
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Health Care Finance Basic Tools For Nonfinancial Managers
Authors: Judith J. Baker, R.W. Baker
4th Edition
1284029867, 978-1284029864
