1. The CEO has provided you, the CFO, the following chart. She wants you to examine the effects of a dividend or repurchase to both certain ratios and investor wealth.
   1. Calculate the values for all empty boxes on the chart. (.667 point each = 12 points)

1. Explain what happens to PE, EPS, equity, and investor wealth under both scenarios. (8 points)

Current			Repurchase	Dividend
Excess Cash	$10,000.00	Shares Bought Back		$0.00
Current Shares	5,500	Amount of Dividend	$0.00
Current Price	$72.00	Shares After Repurchase/Dividend
Current EPS	$2.50	New Price
Current PE		New EPS
Net Income		New PE
Equity		Share Value
Investor Value		Investor Value