O11010 repurchase. Jeff Can you elaborate? What is a share repurchase? Nicole Pruett When a...

80.2K

Verified Solution

Question

Accounting

O11010 repurchase. Jeff Can you elaborate? What is a share repurchase? Nicole Pruett When a company buys back its own shares at market prices Correct! Jasmine This will lower your PE ratio back to a range where investors are more comfortable purchasing shares. This scenario is shown to the right of your screen. What is Amazon's PE ratio? (Enter answer with one decimal place.) Materials on the right have been updated >>> Enter a response then click Submit below Submit Stock price Shares outstan ding Market cap $43.00 EPS 10,326 ,000

image

$444,0 18,000 Excess $93,26 Cash 0,000 $1.31

image

This will lower your PE ratio back to a range where investors are more comfortable purchasing shares. This scenario is shown to the right of your screen. What is Amazon's PE ratio? (Enter answer with one decimal place.) Materials on the right have been updated \> \begin{tabular}{|l|r|} \hline Stockprice & $43.00 \\ \hline Sharesoutstanding & 10,326,000 \\ \hline Market & $444,0 \\ cap & 18,000 \\ \hline & $93,26 \\ \hline Excess & 0,000 \\ \hline Cash & $1.31 \\ \hline \end{tabular} This will lower your PE ratio back to a range where investors are more comfortable purchasing shares. This scenario is shown to the right of your screen. What is Amazon's PE ratio? (Enter answer with one decimal place.) Materials on the right have been updated \> \begin{tabular}{|l|r|} \hline Stockprice & $43.00 \\ \hline Sharesoutstanding & 10,326,000 \\ \hline Market & $444,0 \\ cap & 18,000 \\ \hline & $93,26 \\ \hline Excess & 0,000 \\ \hline Cash & $1.31 \\ \hline \end{tabular}

Answer & Explanation Solved by verified expert
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!
Become a Member

Other questions asked by students