Question: Using the below information, if Modern Systems was to buy High Tech Systems and issue shares to pay for it the EPS of Modern

Using the below information, if Modern Systems was to buy High Tech Systems and issue shares to pay for it the EPS of Modern Systems after the purchase would be. Price P/E Shares Outstanding Modern Systems High Tech Systems $25 15 2,000,000 $80 25 10,000,000

Step by Step Solution

★★★★★

3.59 Rating (152 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

To calculate the earnings per share EPS of Modern Systems after the purchase of High Tech Systems yo... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Operating System Questions!

Your division is considering two investment projects, each of which requires an up-front expenditure of $24 million. You estimate that the cost of capital is 9% and that the investments will produce...

Fill in each blank so that the resulting statement is true. When solving by the addition method, we can eliminate y by multiplying the first equation by 2 and the second equation by________ , and...

In an advertisement, a retail store stated that its employees averaged 9 years of service. The distribution is shown here. Using the weighted mean, calculate the correct average. Number of employees...

A gas containing 60 mol % CH4, 20 mol % CH6 ,5 mol % CO and 5 mol % O and the rest N is burned with 50% excess air in a furnace. Calculate the composition of the product gas mixture. The reactions...

Hello, I have updated the files. Can you still help? I need it by 11pm today. Directions: Answer all the questions. Please submit your work in Word or PDF formats only. You can submit an Excel file...

You have helped with a similar question, can you please assist. Directions: Answer all the questions. Please submit your work in Word or PDF formats only. You can submit an Excel file to support...

The information provided in this test allows you to set up all ledgers for an Ontario company named DERMAL DECOR. Dermal Decor specializes in high quality aesthetic body art with sterile equipment....

Honeywell, Inc. and Integrated Risk Management Introduction In one week, on July 10, 1997, the Finance Committee members of Honeywell Inc.'s board of directors would vote on whether to proceed with a...

Computerized Accounting with Sage 50 Level 2 Dermal Dcor Project Specifications The information provided in this test allows you to set up all ledgers for an Ontario company named DERMAL DECOR....

Using the attached 10-K calculate NOPAT for 2013. Assume that the combined federal and state statutory tax rate is 37%. Please include the computations (including the inputs into each formula). Thank...

Compare this problem with Problem 57 in Chapter 23. Four identical point charges (q = + 10.0 +C) are located on the corners of a rectangle as shown in Figure P23.57. The dimensions of the rectangle...

The following transactions are July activities of Bennett's Bowling, Incorporated. a. Bennett's collected $14,700 from customers for games played in July. b. Bennett's served customers food from its...

How are money and capital markets different?

Sherry's Fashions is a retail store specializing in women's clothing. The store has established a liberal return policy for the holiday season in order to encourage gift purchases. Any item purchased...

The cash data of Duffy Automotive for July 2016 follow: Duffy Automotive received the following bank statement on July 31, 2016: Additional data for the bank reconciliation include the following: a....

a. Depict full key functional dependencies, partial functional dependencies (if any), and transitive functional dependencies (if any) in the Movie Actors Table. b. Show the result of normalizing the...

Rasheed Wallace Company lost most of its inventory in a fire in December just before the year-end physical inventory was taken. The corporations books disclosed the following. Beginning inventory...

Marvin Gaye Company has been having difficulty obtaining key raw materials for its manufacturing process. The company therefore signed a long-term non-cancelable purchase commitment with its largest...

Kareem is a manager who demonstrates curiosity about other cultures and approaches buniness issues from multiple perspectives. Kareem could be said to have a global mind-set. true tister

Complete Review Questions 1-10 at the end of "HospitalityIndustry Managerial Accounting," Ch. 5. 5Ratio AnalysisChapter 5 Outline Ratio Standards Purposes of Ratio Analysis What Ratios Express...

Assignment 3: Freescale Semiconductors, Inc. Review the Freescale Semiconductor case in your textbook. Prepare a twelve to twenty (12-20) slide PowerPoint presentation with speaker notes in which...

Question :You are required to complete a summary of the article below. The article is attached and you need to have at least one page summary ( single spaced ) about the topic with the expansion of...

Directions to students: Download the solution to part 1 in the doc share (FILE: Unit 1 ETHICS CASE) or by clicking on the button to the left. Review the solution to parts 1 and 2 in the case. Drawing...

Why might the information that Pfizer discloses in the S-4 registration statement not accurately reflect the economic realities of this acquisition? Please list at least three distinct aspects of the...

Required information Applying Data and Analytics to the Revenue Exereises G.33-G.38 require the use of Excel. Tableou. or other software in the revenue cycle audit This case is loosely bosed on...