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Brutus Manufacturing has earnings per share (EPS) of $2.00, 7 million shares outstanding, and a share price of $30.  Brutus is considering buying Fisher Industries, which has earnings per share of $1.50, 3.5 million shares outstanding, and a share price of $15. Brutus will pay for Fisher by issuing new shares. There are no expected synergies from the transaction. If Brutus pays no premium to acquire Fisher, what will the earnings per share be after the merger?

What medical condition is the leading cause of severe vision loss in older adults in the United States?

(0.5 points) I can email my professor at the end of the semester to request bonus work to “help my grade.”

When a firm retains cash, it pays corporate tax on the interest it earns and the investor will owe capital gains tax on the increased firm value—in essence the interest on retained cash is taxed ________.

What theory proposes that aging would not occur if destructive factors such as radiation did not exist?

Which of the following is a nondegradable material formed by lipids, metals, and imperfect proteins that decreases lysosomal function?

(1 point) Which of the following is not one of the four main features for student course activity?

Which of the following is an area of assessment of older adults with dementia that has not been well attended to?

(0.5 points) If my instructor does not respond to my email within 3 hours, I will send another email.

Brutus Co. expects an EPS of $10 per share next period. Currently, their plowback ratio is 0.5. However, the company has the opportunity to finance a new project that will earn an ROE of 9% by cutting its dividend to $2.50 per share. If the Brutus Co’s expected stock return is 9%, should they cut dividends to make the new investment?