P14-23 ETHICS PROBLEM Assume that you are the CFO of a company contemplating a stock repurchase next quarter. Right now you forecast that the company's EPS will be $2.09, but you receive a large bonus if EPS exceeds $2.10. What ethical considerations should you take into account before initiating a share repurchase program?

P14-23 ETHICS PROBLEM Assume that you are the CFO of a company contemplating a stock repurchase next quarter. Right now you forecast that the company's EPS will be $2.09, but you receive a large bonus if EPS exceeds $2.10. What ethical considerations should you take into account before initiating a share repurchase program?

Corporate Fin Focused Approach

5th Edition

ISBN:9781285660516

Author:EHRHARDT

Publisher:EHRHARDT

Chapter2: Financial Statements, Cash Flow, And Taxes

Section: Chapter Questions

Problem 15SP

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