Question: Consider the francial statement data and steck price data for Myceco Corp. Suppose Mydeco repurchases 1.8 millon shares each year from 2015 to 2018 .

 Consider the francial statement data and steck price data for Myceco

Consider the francial statement data and steck price data for Myceco Corp. Suppose Mydeco repurchases 1.8 millon shares each year from 2015 to 2018 . What would be its eamings per starn 2016 ? (Astume Myseco pays for the shares usiro iss wrailable cash and that Mydeco earns no interest on its cash balances.) III Cick the icon to vew the financial statement and stock price daba (Belect the best choice below) A. A repurchase does not impact earnings deecty, wo any change to EPS wil come trom a teducton in shares outatanding 2018 shures cutcuning * 54.6 malion 41.8 million =47.4 milion, FPS =$21.1 milion/ 47.4mili on = $0.45. B. Arepurchase does not impact eamings directly, to any change to EPS wit oome trom an increase in shares outatanding 2018 shares outstanding * 54.8 milion +41.8 milion =52.8 milior, EPS =$21.1 milici 52.8 milion w $0.40. C. A ropurchase does not impact earnings drecty, so any change to EPS wil coms from an increase in shares cuhtanding. 2018 shares cutatanding =54.6 milion +41.8 milion = $2.8 milion, EPS =$127 milion /52.8 millon = $0.24 D. A repurchase dons not impact eamings directly, so any ehange to EPS wit oome thom a roduction in shares 6utatending. 2018 shaves outsarning o 54.6 malion 41.8 milion =47.4 milion, LPS =$12.7milign/47.4 milion =$0.27

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