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Help please!!! 1 pts Assuming that Whipple Industries is not willing to incur any kind of initial dilution in its earnings per share, then what
Help please!!!
1 pts Assuming that Whipple Industries is not willing to incur any kind of initial dilution in its earnings per share, then what is the maximum price per share that they would be willing to pay for Blanchard Company? Whipple Blanchard Sales (millions) $150 $30 Net income (millions) 24 4 Common shares outstanding (millions) 8 2 Earnings per share $3.125 $1.75 Dividends per share $1.50 $0.75 Common stock price per share $40 $19.50 0 26.43 O 23.33 O 22.46 21.58 1 pts Assuming that Whipple Industries is not willing to incur any kind of initial dilution in its earnings per share, then what is the maximum price per share that they would be willing to pay for Blanchard Company? Whipple Blanchard Sales (millions) $150 $30 Net income (millions) 24 4 Common shares outstanding (millions) 8 2 Earnings per share $3.125 $1.75 Dividends per share $1.50 $0.75 Common stock price per share $40 $19.50 0 26.43 O 23.33 O 22.46 21.58Step by Step Solution
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