Question: Thank you so much for the study help; however this question was resolved WRONG, could someone please answer it correctly and also provide spreadsheet solution?
Thank you so much for the study help; however this question was resolved WRONG, could someone please answer it correctly and also provide spreadsheet solution? Thanks
Thank you for the study help; could someone please answer it correctly and also provide spreadsheet solution? Thanks

4. Ratio of exchange and EPS Marla's Cafe is attempting to acquire the Victory Club. Certain financial data on these corporations are summarized in the following table. (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Item Earnings available for common stock Number of shares of common stock outstanding Market price per share Marla's Cafe $45,000 30,000 $15 Victory Club $8,000 7,000 $26 Marla's Cafe has sufficient authorized but unissued shares to carry out the proposed merger. If the ratio of exchange is 1.6, what will be the earnings per share (EPS) based on the original shares of each firm? The EPS for Marla's original shareholders after the merger is $ decimal places.) (Round to three The EPS for Victory's original shareholders after the merger is $ decimal places.) (Round to three
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
