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P18-7 (similar to) E Question Help Ratio of exchange and EPS Maria's Cafe is attempting to acquire the Victory Club Certain financial data on these
P18-7 (similar to) E Question Help Ratio of exchange and EPS Maria's Cafe is attempting to acquire the Victory Club Certain financial data on these corporations are summarized in the following table (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet) Item Earnings available for common stock Number of shares of common stock outstanding Market price per share Maria's Cafe $45,000 50,000 $17 Victory Club $5,500 6,000 $28 Marla's Cafe has sufficient authorized but unissued shares to carry out the proposed merger of the ratio of exchange is 16, what will be the earnings per share (EPS) based on the original shares of each firm? The EPS for Maria's onginal shareholders after the merger is (Round to three decimal places) Incorred
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