Question: The following data on a merger are given: Chapter 31 Assessment Firm Firm A Firm AB B Price per share Total earnings Shares outstanding Total

The following data on a merger are given: Chapter 31 Assessment Firm Firm A Firm AB B Price per share Total earnings Shares

The following data on a merger are given: Chapter 31 Assessment Firm Firm A Firm AB B Price per share Total earnings Shares outstanding Total value $ 100 $ 10 $ 500 $300 100 40 $10,000 $400 $11,000 Firm A has proposed to acquire Firm B at a price of $20 per share for Firm B's stock. What will earnings per share be for Firm A after the merger, assuming that cash is used in the acquisition? Multiple Choice O $6 $7 (0) $8 (0) $5

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