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The Prad Corporation Is Considering a Merger with the Stone

question 63

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The Prad Corporation is considering a merger with the Stone Company which has 400,000 outstanding shares selling for $25.An investment dealer has advised that to succeed in its merger Prad Corp.would have to offer $45 per share for Stones' stock.Prad Corp.stock is selling for $30.How many shares of Prad Corp.stock would have to be exchanged to acquire all of Stones' stock?

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Definitions:

Equilibrium Wage

The payment rate at which the labor needed by businesses equals the labor provided by individuals.

Biased Tutoring Centers

Educational establishments that might offer preferential treatment or skewed perspectives based on certain biases, potentially affecting the quality or fairness of tutoring received.

Profitable

The characteristic of generating financial gain or benefit, exceeding the costs, expenses, and taxes needed to sustain the activity or business.

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The remuneration or salary paid to individuals providing educational support and instruction.

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