Assume the following financial data for Rembrandt Paint Co. and Picasso Art Supplies: a. If all the shares of Rembrandt Paint Co. are exchanged for those of Picasso Art Supplies on a share-for-share basis, what will postmergel earnings per share be for Picasso Art Supplies? Use an approach similar to that in Table 20-3. b. Explain why the earnings per share of Picasso Art Supplies changed. c. Can we necessarily assume that Picasso Art Supplies is better off after the merger