Firm A and Firm B are two firms specialising in accounting services. They are both listed on the stock exchange. Table 3.1 reports selected financial information for the two Firms TABLE 3.1 COLUMN A COLUMN B COLUMN C FIRM A FIRM A FIRM B ACQUIRES FIRM B EARNINGS PER SHARE () PRICE PER SHARE () 30 15 P/E SHARES OUTSTANDING 200,000 200,000 TOTAL EARNINGS () 400,000 400,000 MARKET VALUE () EARNINGS PER INVESTED IN STOCK Fill-in Column A and Column B of the Table 3.1 [4 marks] Having filled-in Column A and Column B on Table 3.1, fill-in Column C on Table 3.1. Why do you think that Firm A acquires Firm B? [8 marks]