Moore Industries has agreed to be acquired by Scott Enterprises for $20,701 worth of Scott Enterprises stock. Scott Enterprises currently has 7,875 shares of stock outstanding at a price of $27.61 a share. Moore Industries has 1,850 shares outstanding at a price of $10.00 a share. The incremental value of the acquisition is $1,107. What is the value per share of Scott Enterprises stock after the acquisition?

Answer rating: 100% (QA)

The information about the incremental value of the acquisition 1107 is not directly relevant to calc... View the full answer