Question: 3. Multiple choice. Answers are cut off so here they are provided. A. 8.8B. 5.5 C. 6.2 D. 3.7E. 4.0 Shark Co. is planning to

3. Multiple choice. Answers are cut off so here they are provided. A. 8.8B. 5.5 C. 6.2 D. 3.7E. 4.0

3. Multiple choice. Answers are cut off so here
Shark Co. is planning to acquire Goldfish Co. by using its own stock. The following information is taken before the acquisition. What will be the approximate P/E ratio after the acquisition? There is no synergy. Shark Co. Goldfish Co. EPS $15 $5 Stock Price $55 $44 # of outstanding shares 500,000 100,000 Multiple Choice O 8.8 O 5.5 O 6.2

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