Flashback Corporation is evaluating an extra dividend versus a share repurchase In either case, $28,060 would be spent Current earnings are $2 60 per share, and the stock currently sells for $97 per share There are 4,600 shares outstanding Ignore taxes and other imperfections Requirement 1 What will Flashbacks EPS and PE ratio be under the two different scenarios ( Do not round intermediate calculations Round your answers to 2 decimal places (e g , 32 16) ) Extra Dividend Share Repurchase EPS $ $ PE Ratio Requirement 2 In the real world, which of these actions would you recommend (Click to select)Extra dividend or Share repurchase

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Question: Flashback Corporation is evaluating an extra dividend versus a share repurchase. In either case, $28,060 would be spent. Current earnings are $2.60 per share, and

Flashback Corporation is evaluating an extra dividend versus a share repurchase. In either case, $28,060 would be spent. Current earnings are $2.60 per share, and the stock currently sells for $97 per share. There are 4,600 shares outstanding. Ignore taxes and other imperfections.

Requirement 1:
What will Flashbacks EPS and PE ratio be under the two different scenarios? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).)

	Extra Dividend	Share Repurchase
EPS	$	$
PE Ratio

Requirement 2:
In the real world, which of these actions would you recommend?

(Click to select)Extra dividend or Share repurchase

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