Question: 8 Problem 14-12 Stock Repurchase (LO 4] 433 points Taco Time Corporation is evaluating an extra dividend versus a share repurchase. In either case, $17,150
8 Problem 14-12 Stock Repurchase (LO 4] 433 points Taco Time Corporation is evaluating an extra dividend versus a share repurchase. In either case, $17,150 would be spent Current earnings are $3.20 per share, and the stock currently sells for $86 per share. There are 3,500 shares outstanding. Ignore taxes and other imperfections. What will the company's EPS and PE ratio be under the two different scenarios? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Spod eBook Extra Dividend Share Repurchase EPS PE Ratio References
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