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Corporation’s Price Earnings Assignment | Homework For You

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February 12th, 2020

Floro Corporation has 8,000,000 shares outstanding with a Market price of K3 per share. The company’s’ board of directors have decided to pay 60% of its last net earnings of k20,0000.0000 either as a cash dividend of stock repurchase.Homework For You

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What are the effects on the corporation’s Price Earnings of:

i. Cash dividend

ii. Stock repurchase. Get Finance homework help today

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