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 assetsof $332,000 and total liabilities of $192,000. Today, the firm announced ashare repurchase for $87,000 of its stock.What is the earnings per share after the repurchase?a. $3.39b. $3.52c. $3.18d. $3.27e. $3.45

To find the earnings per share (EPS) after the repurchase, follow these steps: Step 1: Determine the…

Answered: Green Thumb Nursery has 38,000 shares…

Corporate Fin Focused Approach

5th Edition

ISBN:9781285660516

Author:EHRHARDT

Publisher:EHRHARDT

Chapter14: Distributions To Shareholders: Dividends And Repurchases

Section: Chapter Questions

Problem 2STP

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Winston Watch’s stock price is $75 per share. Winston has $10 billion in total assets. Its balance sheet shows $1 billion in current liabilities, $3 billion in long-term debt, and $6 billion in common equity. It has 800 million shares of common stock outstanding. What is Winston’s market/book ratio?
The Castle Company recently reported net profits after taxes of $15.8 million. It has 2.5 million shares of common stock outstanding and pays preferred dividends of $1 million a year. The company’s stock currently trades at $60 per share. Compute the stock’s earnings per share (EPS). What is the stock’s P/E ratio? Determine what the stock’s dividend yield would be if it paid $1.75 per share to common stockholders.
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The balance sheets for Larry underwood motors shows a book value of stockholders equity book value per share x total shares outstanding of $1349000. Furthermore the firms income statement for the year just ended has a net income of $598000, which is $0.285 per share of common stock outstanding. The price earnings ratio for firms similar to underwood motors is 18.71. A. What price would you expect underwood motors shares to sell for ? The market price per share is $ round to the nearest cent.
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General Accounting
Today, one share of Smith & Wesson Brands Inc (ticker symbol: SWBI) sells for $46.60. SWBI is expected to grow its dividends by 4.4% indefinitely. To hold SWBI shares, investors require a rate of 9.2%. Given this information, the dividend SWBI just paid was: a. $1.96 b. $2.44 c. $2.24 d. $2.16 e. $2.15
Solve This Question and provide correct option from given
en Machine Tools has total assets of $3,130,000 and current assets of $866,000. It turns over its fixed assets 2.7 times pe urn on sales is 8.5 percent. It has $1,920,000 of debt. is its return on stockholders' equity? Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places. n on stockholders' equity %
(Market value analysis) The balance sheet for Larry Underwood Motors shows a book value of stockholders' equity (book value per share x total shares outstanding) of $1,343,000. Furthermore, the firm's income statement for the year just ended has a net income of $530,000, which is $0.265 per share of common stock outstanding The price-earnings ratio for firms similar to Underwood Motors 20.91 a. What price would you expect Underwood Motors shares to sell for? b. What is the book vidue por share for Underwood's sharus? What price would you expect Underwood Motors shares to sell for? The market price per shares S (Round to the nearest cent)
Breakaway wealth had net earnings of $336,000 this past year. dividends were paid of $77,280 on the company's book equity of $2,800,000. if Safeway has 175,000 shares outstanding with a current market price of $21 per share, what is the required rate of return?

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