Sizzling Fryers has just made an announcement that it will be repurchasing $240,000 worth of its common shares. If Sizzling Fryers has 44,444 of common shares outstanding currently selling trading at $44.44 per share, and its EPS is $4.44, what will be the PE ratio once the repurchase is completed?

Answer rating: 100% (QA)

First lets calculate the current market capitalization of Sizzling Fryers Market capitalization numb... View the full answer