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Firm A is analyzing the possible acquisition of Firm T. Firm A currently has earnings of $885,540 and 259,401 shares outstanding. Firm T currently has
Firm A is analyzing the possible acquisition of Firm T. Firm A currently has earnings of $885,540 and 259,401 shares outstanding. Firm T currently has earnings of $232,566 and 69,770 shares outstanding. If Firm A offers 1 of its shares for every 6.0 of Firm T's shares, what will be Firm A's earnings per share after the acquisition? $3.82 $3.92 $4.02 $4.13 $4.23
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