Green Thumb Nursery has 38,000 shares outstanding at a market price of $63.27 per share. The earnings per share are $3.27. The firm has total assets of $332,000 and total liabilities of $192,000. Today, the firm announced a share repurchase for $87,000 of its stock. What is the earnings per share after the repurchase? a. $3.39 b. $3.52 c. $3.18 d. $3.27 e. $3.45
Green Thumb Nursery has 38,000 shares outstanding at a market price of $63.27 per share. The earnings per share are $3.27. The firm has total assets of $332,000 and total liabilities of $192,000. Today, the firm announced a share repurchase for $87,000 of its stock. What is the earnings per share after the repurchase? a. $3.39 b. $3.52 c. $3.18 d. $3.27 e. $3.45
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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