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The Cincinnati Chili Kitchen has just announced the repurchase of $160,000 of its stock. The company has 46,000 shares outstanding and earnings per share of
The Cincinnati Chili Kitchen has just announced the repurchase of $160,000 of its stock. The company has 46,000 shares outstanding and earnings per share of $3.43. The company stock is currently selling for $7700 per share. What is the price-earnings ratio after the repurchase? Multiple Choice O 2245 times 20.82 times 0 23.46 times 0 2143 times 0 22.96 times
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The People Policies Audit
Authors: Maurice A. Phelps
1st Edition
1907766049, 978-1907766046
