mata for Henry Company and Mayer Services are given in the following table, Henry Company is considering merging with May er stock. Henry Company expects its stock to sell at the same price/earnings (P/E) multiple after the merger as before merging. age in mar hare (EPS Data Table (P/E) ratio arnings pe ket price pe (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) my is $ Item Henry Company Mayer Services Earnings available for common stock $190,000 $50,000 . (Rol Number of shares of common stock outstanding 85,000 10,000 Market price per share $29 $105 arket price D. (Rou (Rour Print Done Mayer Serv the answer boxes. EPS and postmerger price Data for Henry Company and Mayer Services are given in the following table, Henry Company is considering merging with Mayer by swapping 1.22 shares of its stock for each share of Mayer stock. Henry Company expects its stock to sell at the same price earnings (P/E) multiple after the merger as before merging a. Calculate the ratio of exchange in market price, b. Calculate the earnings per share (EPS) and pricelearnings (P/E) ratio for each company. c. Calculate the price/earnings (P/E) ratio used to purchase Mayer Services. d. Calculate the post-morger earnings por share (EPS) for Henry Company, a. The ratio of exchange in market price is . (Round to two decimal places.) b. The EPS for Henry Company is $. (Round to the nearest cent.) The EPS for Mayer Services is $ (Round to the nearest cent.) Enter your answer in each of the answer boxes. b. Calculate the earnings per share (EPS) and price/earnings (P/E) ratio for each company. c. Calculate the price/earnings (P/E) ratio used to purchase Mayer Services. d. Calculate the post-merger earnings per share (EPS) for Henry Company. The P/E for Henry Company is . (Round to two decimal places.) The P/E for Mayer Services is (Round to two decimal places.) c. The P/E used to purchase Mayer Services is (Round to two decimal places.) TL- PORN INAIL Enter your answer in each of the answer boxes. Uurinty unlu mayel Services are given in the following table, Mayer by swapping 1.22 shares of its stock for each share of Mayer stock. Henry Company expects its stock after the merger as before merging. a. Calculate the ratio of exchange in market price. b. Calculate the earnings per share (EPS) and price/earnings (P/E) ratio for each company. c. Calculate the price/earnings (P/E) ratio used to purchase Mayer Services. d. Calculate the post-merger earnings per share (EPS) for Henry Company. C. The P/E used to purchase Mayer Services is . (Round to two decimal places.) d. The post-merger EPS is $. (Round to the nearest cent.) e. The expected market price per share of the merged firm is $ (Round to the nearest cent.) Enter your answer in each of the answer boxes
