Moore Industries Has Agreed to Be Acquired by Scott Enterprises

question 67

Multiple Choice

Moore Industries has agreed to be acquired by Scott Enterprises for $22,000 worth of Scott Enterprises stock.Scott Enterprises currently has 7,500 shares of stock outstanding at a price of $28 a share.Moore Industries has 1,800 shares outstanding at a price of $12 a share.The incremental value of the acquisition is $1,100.What is the value per share of Scott Enterprises stock after the acquisition?

• A)$27.52
• B)$27.96
• C)$28.08
• D)$28.47
• E)$31.03

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Definitions:

EDD Scheduling Rule

"Earliest Due Date" scheduling rule, a prioritization principle that suggests completing tasks or serving customers in the order of their due dates, from earliest to latest.

SPT Scheduling Rule

Shortest Processing Time rule, a method for scheduling tasks that prioritizes those with the lowest processing time to minimize completion time.

LPT Scheduling Rule

A priority rule used in scheduling where jobs are ordered in descending order of their processing times.

Due Date

The specified date by which a task or project is expected to be completed or a payment is due.