Alpha Is Planning on Merging with Beta

question 54

Multiple Choice

Alpha is planning on merging with Beta. Alpha will pay Beta's shareholders the current value of their stock in shares of Alpha. Alpha currently has 6,500 shares of stock outstanding at a market price of $44 a share. Beta has 2,100 shares outstanding at a price of $22 a share. The post-merger earnings will be $10,400. What will the earnings per share be after the merger?

• A) $1.43
• B) $1.38
• C) $1.25
• D) $1.51
• E) $1.16

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Definitions:

Counseling Technique

Strategies and methods employed by counselors to facilitate clients' growth, resolve issues, and achieve goals during therapy sessions.

Minimally Supervised

Refers to scenarios where guidance, oversight, or control is significantly reduced, allowing for greater individual autonomy.

Field Placement

A component of education in various fields where students gain practical experience by working in a professional setting under supervision.

Supervision

The act of overseeing or managing work or workers, often involves guiding, teaching, and providing feedback to improve performance.