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please answert this as soon as possible. thank you in advance . Question 1 Orion plc is determined to report earnings per share of 267p.

please answert this as soon as possible. thank you in advance . image text in transcribed
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Question 1 Orion plc is determined to report earnings per share of 267p. It therefore acquires Mintaka plc. There are no gains associated with the acquisition. In exchange for Mintaka's shares, Orion issues just enough of its own shares to ensure its 267p earnings per share objective. Please find the following information: Earnings per Share Price per Share Price-Earnings Ratio Number of Shares Earnings Market Value Orion Mintaka 2.00 2.50 40 25 20 10 100,000 200,000 200,000 500,000 4,000,000 5,000,000 Required: Page 3 110 Q + Required: a) How many shares in the combined firm have to be offered for each share in Mintaka? (5 marks) b) Derive the earnings per share, price per share, price-earnings ratio, earnings, and market value associated with the combined firm. (5 marks) c) What is the cost of the acquisition to Orion? (5 marks) d) What is the change in the market value of Orion's shares that were outstanding before the acquisition? (5 marks) [Total: 20 Marks] Page 3 / 10 @ +

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