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The ABC Corporation has $ 4 2 5 , 0 0 0 in cash, $ 9 0 0 , 0 0 0 in other assets

The ABC Corporation has $425,000 in cash, $900,000 in other assets and $0 in debt. Net income is $115,000 and shares outstanding is 133,000. The company wants to return $171,000 to shareholders. What is the company's earnings per share if management decides to repurchase stock?

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