JLM Has 6,000 Shares of Stock Outstanding at a Market

question 2

Multiple Choice

JLM has 6,000 shares of stock outstanding at a market price per share of $27.Hi-Tek has 30,000 shares outstanding that sell for $50 a share.By merging,$35,000 of synergy can be created.Hi-Tek is acquiring JLM for $200,000 worth of Hi-Tek stock.What is the post-merger value per share?

• A)$50.00
• B)$56.57
• C)$49.91
• D)$51.17
• E)$48.83

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Definitions:

Older Parents

Individuals who become parents at a later age, often considered to be over the age of 35 for biological parenting.

Positive Parenting Behaviors

Parenting practices that are supportive, encouraging, and responsive to children's needs, promoting their emotional, social, and cognitive development.

Cognitive Development

The process of growth and change in intellectual capabilities that occurs as a person ages, including thinking, problem-solving, and decision-making abilities.

Hospital Visits

Occasions when individuals go to a hospital for medical examination, treatment, or other healthcare services.