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Assume the following financial data for Rembrandt Paint Co . and Picasso Art Supplies: Rembrandt Paint Co . Picasso Art Supplies Total earnings $ 3
Assume the following financial data for Rembrandt Paint Co and Picasso Art Supplies: Rembrandt Paint Co Picasso Art Supplies Total earnings $ $ Number of shares of stock outstanding Earnings per share $ $ Priceearnings ratio PE Market price per share $ $ If all the shares of Rembrandt Paint Co are exchanged for those of Picasso Art Supplies on a shareforshare basis, what will postmerger earnings per share be for Picasso Art Supplies? Do not round intermediate calculations. Round your answer to decimal places.
Assume the following financial data for Rembrandt Paint Co and Picasso Art Supplies:
Rembrandt Paint Co Picasso Art Supplies
Total earnings $ $
Number of shares of stock outstanding
Earnings per share $ $
Priceearnings ratio PE
Market price per share $ $
If all the shares of Rembrandt Paint Co are exchanged for those of Picasso Art Supplies on a shareforshare basis, what will postmerger earnings per share be for Picasso Art Supplies? Do not round intermediate calculations. Round your answer to decimal places.
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