Check my workCheck My Work button is now enabledItem 5Item 5 10 points Item Skipped Assume the following financial data for the Noble Corporation and Barnes Enterprises:

5 Assume the following financial data for the Noble Corporation and Barnes Enterprises: 10 points Noble Corporation $2,484,000 690,000 $ 3.60 25 $ 90 Total earnings Number of shares of stock outstanding Earnings per share Price-earnings ratio (P/E) Market price per share Barnes Enterprises $6,420,000 3, 210, 000 $ 2.00 45 $ 90 Skipped eBook If all the shares of the Noble Corporation are exchanged for those of Barnes Enterprises on a share-for-share basis, what will postmerger earnings per share be for Barnes Enterprises? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Hint Postmerger earnings per share Print