Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / Online Educ has an EPS of £5, with 12 million shares outstanding

Online Educ has an EPS of £5, with 12 million shares outstanding

Finance

Online Educ has an EPS of £5, with 12 million shares outstanding. The shares are trading at £13 each. It is thinking of acquiring ClassRoom that has an EPS of £1, with 10 million shares outstanding which are trading at £12 each. How many shares (in millions) would OnlineEduc need to issue to buy ClassRoom ?

Select one:
a. 6.93
b. 21.23
c. 11.53
d. 9.23

Option 1

Low Cost Option
Download this past answer in few clicks

2.86 USD

PURCHASE SOLUTION

Already member?


Option 2

Custom new solution created by our subject matter experts

GET A QUOTE