Question
Yellow Corp. is evaluating an extra dividend versus a share repurchase. In either case, $5,000 would be spent. Current earnings are $1.01 per share and
Yellow Corp. is evaluating an extra dividend versus a share repurchase. In either case, $5,000 would be spent. Current earnings are $1.01 per share and the stock currently sells for $37 per share. There are 1,600 shares outstanding. Ignore taxes and other imperfections.
After the $3.13 dividend, the price falls to $33.87 per share. What are earnings per share (EPS) and the price earnings (P/E) ratio? Enter your answers rounded to 2 DECIMAL PLACES.
EPS=
P/E Ratio =
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Elementary Statistics
Authors: Robert R. Johnson, Patricia J. Kuby
11th Edition
978-053873350, 9781133169321, 538733500, 1133169325, 978-0538733502
