(Answered) Mountain inc has earnings of 20 million for common

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Mountain Inc. has earnings of $2.0 million for common shareholders and 500,000 shares of common stock outstanding at $60 per share. The firm is currently considering a $2.00 per share in cash dividends. What is EPS, P/E ratio? If the firm can repurchase stock at $62.00 per share, how many shares can be purchased in lieu of making the proposed cash dividend payment?

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