FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

can I get some help with this question QUESTION 35 Caren Ltd has earnings of $200,000, has 150,000 shares on issue, and the shares are

image text in transcribed

can I get some help with this question

image text in transcribed
QUESTION 35 Caren Ltd has earnings of $200,000, has 150,000 shares on issue, and the shares are priced at $10 per share. Denise Ltd has earnings of $100,000, has 100,000 shares on issue, and the shares are priced at $5 per share. What will the price earnings ratio of the combined entity be if Caren Ltd issues one of its share for every two Denise Ltd shares

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Healthcare Finance: An Introduction To Accounting And Financial Management

Healthcare Finance: An Introduction To Accounting And Financial Management

Authors: Louis Gapenski

6th Edition

1567937411, 978-1567937411

More Books

Students also viewed these Finance questions

Question

★★★★★
Santa's Toys Company makes redo wooden toys. The company also maintains retail stores throughout the Southeastern United States. Classify each of the following costs as a product or period cost. a....

Answered: 1 week ago

Question

★★★★★
Determine whether each of the following transactions increases or decreases equity. a. Owner invested cash in the company. b. Incurred maintenance expenses. c. Performed services for a client. d....

Answered: 1 week ago

Question

★★★★★
1.42 Continuous or Discrete, again Identify each variable as continuous or discrete: a. Number of people in line at a supermarket checkout counter b. Depth of a snowfall c. Length of time for a...

Answered: 1 week ago

Question

★★★★★
On January 1, 2011, you deposited $6,000 in a savings account. The account will earn 10 percent annual compound interest, which will be added to the fund balance at the end of each year. Required...

Answered: 1 week ago

Question

★★★★★
MUTUNUN M UUN UPPALJU Me qued113 Uisproyeu veuw.] Ramer and Knox began a partnership by investing $66,000 and $99,000, respectively. The partners agreed to share net income and loss by granting...

Answered: 1 week ago

Question

★★★★★
Peter has two strings of the same length. The first string is fixed and the second string is rotatable. In the left rotation, the the first character is removed and added to the end of the string. In...

Answered: 1 week ago

Question

★★★★★
Which of the following is true about Theory E and Theory O leadership styles? Which of the following is true about Theory E and Theory O leadership styles? They can't coexist - you have to choose one...

Answered: 1 week ago

Question

★★★★★
1. The form of competition applies to price, speed, quality, flexibility and innovation. Please explain the form of competition as mentioned earlier in the FnB2. To produce a superior quality product...

Answered: 1 week ago

Question

★★★★★
have taken a snip of the problem and my coding. My code does not include the residual row and the values that come from my code do not match the output. 5.6 LAB: Regression with categorical...

Answered: 1 week ago

Question

★★★★★
This week I would like you to work on the "Effective Stress Management" portion of developing yourself as a leader. Think of stress management from two opposing perspectives: stress situations...

Answered: 1 week ago

Question

★★★★★
Given in (a) & (b) are stress states of an element. Are these elements in equilibrium? If not, what are the body forces needed to make the current stress state an equilibrium stress state? (a) -x+y...

Answered: 1 week ago

Question

★★★★★
Would the application of a Just-In-Time production system affect how aggregate planning is conducted? Why? How?

Answered: 1 week ago

Question

★★★★★
Use the pigeonhole principle to prove that the decimal expansion of a rational number m n is eventually repeating 6. Use the pigeonhole principle to prove that the decimal expansion of a rational...

Answered: 1 week ago

Question

★★★★★
How does a statement of financial condition prepared for an individual differ from a statement of financial position prepared for a business enterprise?

Answered: 1 week ago

Question

★★★★★
The Securities and Exchange Commission The company you work for is growing rapidly and the owner is considering issuing stock to raise more equity capital. The owner is willing to hire professionals...

Answered: 1 week ago

Question

★★★★★
Level of Financial Statement Disclosure Which of the following sections of the financial statements of Star Company are likely to contain the information needed to answer the questions provided...

Answered: 1 week ago

Previous Question Next Question