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

Question

1 Approved Answer

OnlineEduc has an EPS of 55, with 1212 million shares outstanding. The shares are trading at 1313 each. It is thinking of acquiring ClassRoom that

OnlineEduc has an EPS of 55, with 1212 million shares outstanding. The shares are trading at 1313 each. It is thinking of acquiring ClassRoom that has an EPS of 11, with 1010 million shares outstanding which are trading at 1212 each. How many shares (in millions) would OnlineEduc need to issue to buy ClassRoom ?

a.

6.93

b.

11.53

c.

9.23

d.

21.23

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

Fundamentals of Investment Management

Fundamentals of Investment Management

Authors: Geoffrey Hirt, Stanley Block

10th edition

0078034620, 978-0078034626

More Books

Students also viewed these Finance questions

Question

★★★★★
(a) If X has a gamma distribution with parameters (t, ), what is the distribution of cX, c > 0? (b) Show that has a gamma distribution with parameters n, when n is a positive integer and 22n is a...

Answered: 1 week ago

Question

★★★★★
OnlineEduc has an EPS of 5, with 12 million shares outstanding. The shares are trading at 13 each. It is thinking of acquiring ClassRoom that has an EPS of 1, with 10 million shares outstanding which...

Answered: 1 week ago

Question

★★★★★
Use the extended DuPont equation to provide a summary and overview of your firm?s financial condition. Be sure to do all calculations for 3 years, using Excel. Use real numbers from the financials,...

Answered: 1 week ago

Question

★★★★★
Assume that on July 1, 2014, Big Corp. loaned little Corp. $12,000 for aperiod of one year at 6percent interest. What amount of interest revenue will big report for 2014? What amount of cash will big...

Answered: 1 week ago

Question

★★★★★
The following problem is provocative and potentially controversial. However, by triggering a strong emotional response of disgust, it helps students realize that they often make decisions out of gut...

Answered: 1 week ago

Question

★★★★★
Avi and Bailey are friends, and enjoy a night out together in the pub. They each will independently decide to go either to the Turf or the Rose. Avi mildly prefers the Rose over the Turf and would...

Answered: 1 week ago

Question

★★★★★
3. Invite parents to school for an evening of strategy learning. Have the students teach their family members one of the strategies they have learned in school.

Answered: 1 week ago

Question

★★★★★
Rosas Pizza operates strictly on a carryout basis. Customers pick up their orders at a counter where a clerk exchanges the pizza for cash. While at the counter, the customer can see other employees...

Answered: 1 week ago

Question

★★★★★
What is the present value of the following? Use Appendix B as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. $8,100 in 6 years at 11...

Answered: 1 week ago

Question

★★★★★
Needing help filling out form 1065, can you please explain what information goes on what line in Form 1065 US Return of Partnership income? (instructions in bold, form attached) (Use the overview and...

Answered: 1 week ago

Question

★★★★★
A researcher reports a chimpanzee in captivity filling his mouth with water in order to penalize a not-so-friendly keeper. The chimpanzee coaxes the keeper and tries to lure him to proximity to spit...

Answered: 1 week ago

Question

★★★★★
The performance of 20 students on their final test on statistics in 1992 and for the second class of 20 students in 2017 is shown in the columns below. Class of 1992 Class of 2017 80 100 91 99 91 94...

Answered: 1 week ago

Question

★★★★★
A project manager assigns tasks to a team that is not prepared or skilled in the languages required to implement the solution. The team is not able to complete the deliverables adequately. What type...

Answered: 1 week ago

Question

★★★★★
2.) Suppose that X~ NB(4, 0.3), and Y = (X-3) 1/2. Determine the PMF of Y, (y). 3.) Suppose that X~ Exp(1/4) and Y = x - 2. Determine the PDF of Y, fy(y).

Answered: 1 week ago

Question

★★★★★
Let's consider that we have trained a word2vec model from scratch with a vocabulary size of 20,000, having 500 neurons in the hidden layer. What will be the size of the word embedding of each word?...

Answered: 1 week ago

Question

★★★★★
From the following Information for the month ending October, 2013, prepare Process Cost accounts for Process III. Use First-in-fist-out (FIFO) method to value equivalent production. Direct materials...

Answered: 1 week ago

Question

★★★★★
please help me i have only few minutes left 1. Use the accounting equation to compute the missing financial statement amounts. 2. Use the expanded accounting equation to compute the missing financial...

Answered: 1 week ago

Question

★★★★★
Differentiate. y = ln(3x + 1) ln(5x + 1)

Answered: 1 week ago

Question

★★★★★
18-21. Based on what you read in this chapter of Dessler, Human Resource Management, do you suggest Lisa use a PEO? Why?

Answered: 1 week ago

Question

★★★★★
18-18. Focusing only on human resource information systems for a moment, what sorts of systems would you suggest Lisa consider recommending for the Hotel Paris? Why?

Answered: 1 week ago

Question

★★★★★
18-11. List the criteria you would use for deciding whether another company is right for Netflix-type HR practices.

Answered: 1 week ago

Previous Question Next Question