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Martin Manufacturing has earnings per share (EPS)of $3.00,5 million shares outstanding,and a share price of $32.Martin is considering buying Luther Industries,which has earnings per share of $2.50,2 million shares outstanding,and a share price of $20.Martin will pay for Luther by issuing new shares.There are no expected synergies from the transaction.
-Assume that Martin pays no premium to acquire Luther.Calculate Martin's price-earnings (P/E)ratio both pre- and post-merger.
Political Support
The backing or endorsement by individuals or groups for political parties, policies, or leaders.
Managing The Transition
The process of moving from one state to another in business or personal contexts, with an emphasis on minimizing disruptions.
Planned Change Programs
These involve deliberate efforts to improve an organization by altering its structure, processes, or culture through structured interventions.
Key Source Of Energy
A principal resource or input that provides power or vitality, often in the form of fuel, electricity, or nutritional calories.
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