RRR Ratio of exchange and EPS Soccer City is attempting to acquire the Federated Fields. Certain financial data on these corporations are summarized in the following table. (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.)ItemFederated Fields$7,000Earnings available for common stockNumber of shares of common stock outstandingMarket price per shareSoccer City$25,00020,000$187,000$32Soccer City has sufficient authorized but unissued shares to carry out the proposed merger. If the ratio of exchange is 1.8, what will be the earnings per share (EPS) based on the original shares of each firm?The EPS for Soccer City's original shareholders after the merger is S.The EPS for Federated Fields' original shareholders after the merger is $(Round to three decimal places.)(Round to three decimal places.)

Variables in the question: ItemsSoccer CityFederated FieldsEarnings available for common stock $…

Ratio of exchange and EPS Soccer City is attempting to acquire the Federated Fields. Certain financial data on these corporations are summarized in the following table. (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Federated Fields $7,000 Soccer City $25,000 20,000 $18 7,000 $32 Item Earnings available for common stock Number of shares of common stock outstanding Market price per share Soccer City has sufficient authorized but unissued shares to carry out the proposed merger. If the ratio of exchange is 1.8, what will be the earnings per share (EPS) based on the original shares of each firm? (Round to three decimal places.) The EPS for Soccer City's original shareholders after the merger is $ The EPS for Federated Fields original shareholders after the merger is $ (Round to three decimal places.) CE

Ratio of exchange and EPS Soccer City is attempting to acquire the Federated Fields. Certain financial data on these corporations are summarized in the following table. (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Federated Fields $7,000 Soccer City $25,000 20,000 $18 7,000 $32 Item Earnings available for common stock Number of shares of common stock outstanding Market price per share Soccer City has sufficient authorized but unissued shares to carry out the proposed merger. If the ratio of exchange is 1.8, what will be the earnings per share (EPS) based on the original shares of each firm? (Round to three decimal places.) The EPS for Soccer City's original shareholders after the merger is $ The EPS for Federated Fields original shareholders after the merger is $ (Round to three decimal places.) CE

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter10: Stockholder's Equity

Section: Chapter Questions

Problem 94.4C

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