What will be the earnings per share after stock repurchase

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Reference no: EM131590326

Green Thumb Nursery has11,000 shares of stock outstanding at a market price of $18 a share. The current earnings per share are $1.47. The firm has total assets of $286,000 and total liabilities of $86,000. Next week, the firm will be repurchasing $36,000 worth of stock. Ignore taxes. What will be the earnings per share after the stock repurchase? $1.797 $1.832 $1.848 $1.620 $1.883.

Reference no: EM131590326

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