Ratio of exchange and EPS Soccer City is attempting to acquire the Federated Fields. Certain financial...
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Ratio of exchange and EPS Soccer City is attempting to acquire the Federated Fields. Certain financial data on these corporations are summarized in the following table. (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Item Earnings available for common stock Number of shares of common stock outstanding Market price per share Soccer City $25,000 20,000 $18 Federated Fields $7,000 7,000 $32 Soccer City has sufficient authorized but unissued shares to carry out the proposed merger. If the ratio of exchange is 1.8, what will be the earnings per share (EPS) based on the original shares of each firm? The EPS for Soccer City's original shareholders after the merger is $ (Round to three decimal places.) The EPS for Federated Fields' original shareholders after the merger is $ (Round to three decimal places.) Ratio of exchange and EPS Soccer City is attempting to acquire the Federated Fields. Certain financial data on these corporations are summarized in the following table. (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Item Earnings available for common stock Number of shares of common stock outstanding Market price per share Soccer City $25,000 20,000 $18 Federated Fields $7,000 7,000 $32 Soccer City has sufficient authorized but unissued shares to carry out the proposed merger. If the ratio of exchange is 1.8, what will be the earnings per share (EPS) based on the original shares of each firm? The EPS for Soccer City's original shareholders after the merger is $ (Round to three decimal places.) The EPS for Federated Fields' original shareholders after the merger is $ (Round to three decimal places.)
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