Tangshan Mining has sufficient authorized but unissued shares to carry out the proposed merger. If the ratio of exchange is 1.8, what will be the EPS of the merged firm?
A. $1.00
B. $1.029
C. $1.078
D. $2.00
Answer:B
Tangshan Mining has sufficient authorized but unissued shares to carry out the proposed merger. If the ratio of exchange is 1.8, what will be the EPS of the merged firm?
A. $1.00 B. $1.029 C. $1.078 D. $2.00