Shares of Bongo Ltd Have an EPS of $2

question 17

Multiple Choice

Shares of Bongo Ltd have an EPS of $2.00,and shares of Congo Ltd have an EPS of $1.00.If both companies have 100 shares and Bongo acquires Congo,what will be the EPS for the new combined entity if Bongo issues one share for every Congo share?

• A)3.00
• B)1.00
• C)2.00
• D)1.50

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Definitions:

Schizophrenia

A chronic psychological condition characterized by a disconnection among thinking, feeling, and behaving, resulting in incorrect perceptions and unsuitable behaviors or emotions.

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A powerful stimulant drug derived from the leaves of the coca plant, which can lead to serious health issues and addiction.

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Manifestations of schizophrenia, including hallucinations, delusions, disorganized speech, and impaired cognitive function.