Question: Chapter 14 - Dividends and Dividend Policy Saved Taco Time Corporation is evaluating an extra dividend versus a share repurchase. In either case, $7,095 would
Chapter 14 - Dividends and Dividend Policy Saved Taco Time Corporation is evaluating an extra dividend versus a share repurchase. In either case, $7,095 would be spent. Current earnings are $2.70 per share, and the stock currently sells for $59 per share. There are 4,300 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.) Skipped Extra Dividend Share Repurchase EPS PE Ratio
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