Remington Farms is evaluating an extra dividend versus a share repurchase. In either case, $1,500...
90.2K
Verified Solution
Link Copied!
Question
Accounting
Remington Farms is evaluating an extra dividend versus a share repurchase. In either case, $1,500 would be spent. Current earnings are $3.40 per share, and the stock currently sells for $25 per share. There are 2,800 shares outstanding. Ignore taxes and other imperfections. The PE ratio will be if the form issues the dividend as compared to if the firm does the share repurchase
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.