World Enterprises is determined to report earnings per share of $3.10. It therefore acquires the Wheelrim and Axle Company. There are no gains from merging. In exchange for Wheelrim and Axle shares, World Enterprises issues Just enough of its own shares to ensure its $3.10 earnings per share objective. a. Complete the table below for the merged firm. b. How many shares of World Enterprises are exchanged for each share of Wheelrim and Axle? c. What is the cost of the merger to World Enterprises? d. What is the change in the total value of the World Enterprises shares that were outstanding before the merger? Complete this question by entering your answers in the tabs below. Required A Required B Required Required D Complete the table below for the merged firm. (Do not round intermediate calculations. Round "Price per share" and "Price- earnings ratio to 2 decimal places and other answers to the nearest whole number.) Wheelrim and Axle Merged Firm World Enterprises $ 2.00 S 30 S 3.00 S 3.10 s 15 15 5 Earnings per share Price per share Price-earnings ratio Number of shares Total earnings Total market value 350,000 S 250,000 500.000 7.500.000 S 1,050,000 5,250,000 S S Required A Required B >