Use the Information for the Question(s)below

question 27

Essay

Use the information for the question(s)below.
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.
-If Martin pays no premium to acquire Luther,what will the earnings per share be after the merger?

Recognize the impact of preconceptions and biases in the hiring process and employee evaluations.

Understand the key factors that influence a market economy.

Recognize the historical significance of political decisions and their impact on the United States' economic development.

Identify critical technological advancements and their roles in the Industrial Revolution.

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Definitions:

College Football

A form of American football played by teams of student athletes fielded by American universities, colleges, and military academies.

Academic Mission

An educational initiative or goal pursued by institutions or individuals focusing on scholarly activities and learning.

Yale

An elite Ivy League university located in New Haven, Connecticut, known for its rich history, academic excellence, and influential alumni.

Profitable

Generating a financial gain or benefit, exceeding the cost of operation.