Problem 21-4 The Bootstrap Game (LO1) World Enterprises is determined to report earnings per share of $380 It therefore acquires the Wheelrim and Axte Company. There are no gains from merging In exchange for Wheelrim and Axle shares, World Enterprises issues just enough orits own sheres to ensure its $3.80 earnings per share objective a. Complete the table below for the merged firm b. How many shares of World Enterprises are exchanged for each share of Wheelrim and Axle? c. What is the cost of the merger to World Enterprises? d. What is the change in the total value of the World Enterprises shares that were outstanding before the merger? Complete this question by entering your answers in the tabs below. Complete the table below for the merged firm. Note: Do not round intermediate calculations. Round "Pnce per share' and 'Price-earnings tatio" to 2 decimal places and Other answers to the nearest whole number, Problem 21-4 The Bootstrap Game (LO1) World Enterprises is determined to report earnings per share of $380. It therefore acquires the Wheelrim and Axle Company There are no gains from merging In exchange for Wheelrim and Axle shares, World Enterprises issues just enough of its own shares to ensure its $380 earnings per share objective a. Complete the table below for the merged firm b. How many shares of Worid Enterprises are exchanged for each share of Wheelrim and Axle? c. What is the cost of the merger to World Enterprises? d. What is the change in the total value of the World Enterprises shares that were outstanding before the merger? Complete this question by entering your answers in the tabs below. How many shares: of World Enterprises are exchanged for each share of Wheelnm and Axle? Note: Do not round intermediate calculations and enter vour answer rounded to 2 decmal placess. Problem 21-4 The Bootstrap Game (LO1) World Enterprises is determined to report earnings per share of $3.80 It therefore acquires the Wheelrim and Axle Company There are no gains from merging in exchange for Wheelrim and Axle shares, World Enterprises issues just enough of ts own shares to ensure its $380 earnings per share objective a. Complete the table below for the merged firm b. How many shares of Worid Enterprises are exchanged for each share of Wheelrim and Axle? c. What is the cost of the merger to World Enterprises? d. What is the change in the total value of the World Enterprises shares that were outstanding before the merger? Complete this question by entering your answers in the tabs below. What is the cost of the merger t Required C ises? Note; Bo not round intermediate calculations. Found your onswer to the nearest whole dollar. World Enterprises is determined to report earnings per share of $380It therefore acquires the Wheelrim and Axle Company. There are no gains from merging In exchange for Wheelrim and Axle shares, World Enterprises issues just enough of its own shares to ensure its $380 earnings per share objective a. Complete the table below for the merged firm b. How many shares of World Enterprises are exchanged for each share of Wheelrim and Axle? c. What is the cost of the merger to World Enterprises? d. What is the change in the total value of the Worid Enterprises shares that were outstanding before the merger? Complete this question by entering your answers in the tabs below. What is the change in the total value of the World Enterprises shares that were outstanding before the merger? Note: Do not round intermediate calculations. Round your answer to the nearest whole dollaf, Enter vour answer as a positive vatue: The market value of the onginal World shareholders' shares increased by