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The post merger P/E for Smith Corporation is predicated to be 12. The EPS for the previous four quarters totals $2.50 for Smith. The number
The post merger P/E for Smith Corporation is predicated to be 12. The EPS for the previous four quarters totals $2.50 for Smith. The number of shares outstanding is 100,000. The earnings valuation of Smith is
A. 1 million
B. 3 million
C. 5 million
D. None of the above
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Glencoe Accounting Concepts Procedures Applicatons
Authors: McGraw-Hill Education
3rd Edition
0028036174, 978-0028036175
