Consider the following premerger information about Firm A and Firm B:
Firm A Firm B
Total Earnings $3,150 $1,000
Shares Outstanding 1,500 300
Price per share $43 $47
Assume that Firm A acquires Firm B via exchange of stock price of $49 for each share of b's stock. Both A and B have no debt outstanding.
a) What will the earnings per share (EPS) of Firm A be after the merger?
b) What will Firm A's price per share be after the merger if the market incorrectly analyzes this reported earnings growth (that is, the price-earnings ratio does not change)?
c) What will the price earnings ratio of the post merger firm be if the market correctly analyzes the transaction?
d) If there are no synergy gains, what will the price of A be after the merger? What will the price-earnings ratio be? What does your answer for the share price tell you about the amount A bid for B? Was it too high? Too low? Explain?
In: Finance
1) A system of particles is known to have a total kinetic energy of zero. What can you say about the total momentum of the system?
(2) A bowling ball and a Ping-Pong ball are rolling toward you with the same momentum. If you exert the same force to stop each one, which takes a longer time to bring to rest?
(3) A cannon sits on a stationary railroad flatcar with a total mass of 1000 kg. When a 10-kgcannonball is fired to the left at a speed of 50 m/s, what is the recoil speed of the flatcar?
please explain and answer all 3
In: Physics
Calculate the pH for each of the following cases in
the titration of 50.0 mL of 0.160 M HClO(aq) with 0.160 M KOH(aq).
The ionization constant for HClO is 4.0×10^-8.
(a) before addition of any KOH
pH=
(b) after addition of 25.0 mL of KOH
pH=
(c) after addition of 40.0 mL of KOH
pH=
(d) after addition of 50.0 mL of KOH
pH=
(e) after addition of 60.0 mL of KOH
pH=
In: Chemistry
The wavelength of a nonrelativistic electron is 1.900e-6 m. How fast is it moving? Express your answer as a fraction of the speed of light, c.
In: Physics
A Jaguar XK8 convertible has an eight-cylinder engine. At the beginning of its compression stroke, one of the cylinders contains 491cm3 of air at atmospheric pressure (1.01
In: Physics
You've packed a cube shaped cooler for the beach. Its 6 walls are made of 2 centimeter thick styrofoam and have lengths and heights of 40 centimeters each. If you were to fill it with 0 degree ice, how much ice would melt in 2.6 hours if the cooler was sitting in +35 C warm air. (use 0.035 for the k value of styrofoam and 334000 J/kg for the latent heat of fusion for ice.)
In: Physics
One of the main functions of saliva is to buffer against acid from food and plaque, which contributes significantly to the formation of cavities. While there are several buffers in saliva, carbonic acid (H2CO3) has the highest concentration and has the greatest effect on pH.
(a) While the salivary concentration of carbonic acid stays at a fairly constant 1.3 mM, the level of bicarbonate (HCO3-) can vary with the rate that saliva flows from salivary glands. For low flow rates, the bicarbonate concentration is around 2 mM; for medium flow rates, it is 30 mM; and for high flow rates, around 60 mM. The pKa of carbonic acid at body temperature is 6.1. Assuming that the pH of Saliva is determined primarily by carbonic acid and bicarbonate, determine the pH of saliva for each of the three flow rates. The normal pH of saliva is about 6.3.
(b) The most prevalent bacterium in the mouth, streptococcus mutans, breaks down sugar and releases lactic acid (pKa = 3.86). If S. mutans has produced 10^-8 moles of lactic acid since your last swallow, what is the pH of your saliva? What would the pH be without the bicarbonate buffer? Assume that your mouth contains about 1 mL of saliva and that your saliva is flowing at a low rate.
(c) You take a drink of orange juice, and after you swallow, 0.5 mL remains in your mouth. What is the pH of your saliva if your mouth contains 1 mL of pure saliva, and if you model orange juice as 1.0 mM citric acid (pKa = 3.13; assume only one dissociation).
(d) Why do some toothpastes contain baking soda (sodium bicarbonate)?
In: Chemistry
General Instructions
Redstone Clayworks, Inc. is located in Sedona, Arizona and
manufactures clay fire pits for patios. They are one of about two
dozen firms around the world that manufacture and sell clay fire
pits for retailers such as Home Depot, Lowe’s, Front Gate, and
other upscale home product chains. There is virtually no product
differentiation. A clay fire pit is a clay fire pit.
Assume that the world market demand and supply curves for clay fire pots intersects at $300 per unit.
The spreadsheet below gives some of Redstone’s production cost data. A template for the spreadsheet is provided in the Course Materials.
|
Q |
TC |
TFC |
TVC |
|
0 |
6,000 |
6,000 |
- |
|
100 |
12,000 |
6,000 |
6,000 |
|
200 |
15,000 |
6,000 |
9,000 |
|
300 |
21,000 |
6,000 |
15,000 |
|
400 |
33,000 |
6,000 |
27,000 |
|
500 |
48,000 |
6,000 |
42,000 |
|
600 |
65,000 |
6,000 |
59,000 |
|
700 |
83,000 |
6,000 |
77,000 |
|
800 |
102,000 |
6,000 |
96,000 |
|
900 |
123,000 |
6,000 |
117,000 |
|
1000 |
158,000 |
6,000 |
152,000 |
Add columns to show, respectively, average fixed cost (AFC), average variable cost (AVC), average total cost (ATC), and short-run marginal cost (SMC). Then, add columns to show, respectively, total revenue (TR), marginal revenue (MR), total profit, average profit, and profit margin.
Place your completed spreadsheet in the Drop Box,and use it to
answer questions 1-7. Your spreadsheet and calculations are worth
15 points and count as 500 words toward your word count
requirement.
Your spreadsheet must include formulas showing how you arrived at the calculations. As an alternative, you may also submit a document showing your step-by-step calculations for each of the cells. You will not receive credit if you do not show your work using one of these two methods.
For Questions 2, 4, and 5, be sure to employ both of the General Rules for Implementing the Output Decision in your explanations.
A detailed explanation should be given for each question.
In: Economics
If you pay $4 for a call option on JPM stock with an at the money strike price of $100 and at the same time you write a call option with a strike price of $110 for which you receive $1; how much money do you make or lose on the transaction if the stock goes to either $120; $105; or $90?
In: Finance
I need to know how to build a flag in c++ for Italy
In: Computer Science
identify three concerns of child exploitation investigations regarding effects on the victims and three concerns regarding the effects on the investigators who conduct these investigations. Identify resources (victim services, trauma therapy, etc) you would have available to respond to the needs of child exploitation victims and investigators as incidents are discovered
In: Nursing
Write a program in python that opens a text file, whose name you enter at the keyboard.
•You will be using the file filetext.txt to test your program
•Print out all of the individual, unique words contained in the file, in alphabetical order.
MAKE SURE THAT ALL THE WORDS YOU PRINT OUT ARE IN A SINGLE COLUMN, ONE WORD PER COLUMN!•Print out the number of unique words appearing in text.txt
In: Computer Science
Passage 2 (Questions 8–14)
In the first place, to make the poem or the novel the central concern of literary criticism has appeared to mean cutting it loose from its author and from the author’s particular hopes, fears, interests, conflicts, etc. A criticism so limited may seem bloodless and hollow.
In the second place, to emphasize the work seems to involve severing it from those who actually read it, and this severance may seem drastic and therefore disastrous. After all, literature is written to be read.
The formalist critic knows as well as anyone that poems and plays and novels are written as expressions of particular personalities and are written from all sorts of motives–for money, from a desire to express oneself, for the sake of a cause, etc. Moreover, the formalist critic knows as well as anyone that literary works are merely potential until they are read–that is, that they are re-created in the minds of actual readers, who vary enormously in their capabilities, their interests, their prejudices, their ideas. But the formalist critic is concerned primarily with the work itself. Speculation on the mental processes of the author takes the critic away from the work into biography and psychology. Such studies describe the process of composition, not the structure of the thing composed.
On the other hand, exploration of the various readings which the work has received also takes the critic away from the work into psychology and the history of taste. But such work, valuable and necessary as it may be, is to be distinguished from a criticism of the work itself. The formalist critic makes two assumptions: (1) that the relevant part of the author’s intention is what the author actually put into the work–that is, the critic assumes that the author’s intention as realized is the “intention” that counts. And (2) the formalist critic assumes an ideal reader–that is, instead of focusing on the varying spectrum of possible readings, the critic attempts to find a central point of reference from which to focus on the structure of the poem or novel.
There is no ideal reader, of course. But for the purpose of focusing on the poem rather than on the critic’s own reactions, it is a defensible strategy. (The alternatives are desperate: Either we say that one person’s reading is as good as another’s, and thus deny the possibility of any standard reading, or else we take the lowest common denominator of the various readings that have been made–that is, we frankly move from literary criticism into social psychology. To propose taking a consensus of the opinions of “qualified” readers is simply to split the ideal reader into a group of ideal readers.) As consequences of the distinction just referred to, the formalist critic rejects two popular tests for literary value. The first proves the value of the work from the author’s “sincerity” (or the intensity of the author’s feelings as he or she composed it). We discount also such tests as the intensity of the critic’s reaction.
A literary work is a document and as a document can be analyzed in terms of the forces that have produced it, or it may be manipulated as a force in its own right. It mirrors the past, it may influence the future. These facts it would be futile to deny, and I know of no critic who does deny them. But the reduction of a work of literature to its causes does not constitute literary criticism; nor does an estimate of its effects. Good literature is more than effective rhetoric applied to true ideas–even if we could agree upon a philosophical yardstick for measuring the truth of ideas and even if we could find some way that transcended nose counting for determining the effectiveness of the rhetoric.
Material used in this test passage has been adapted from
the following source:
C. Brooks, The formalist critic. ©1951 by The Kenyon
Review.
The author of the passage probably rejects the use of biography and psychology in literary criticism because these disciplines:
Solution: The correct answer is D.
I thought B "assume that the author’s intention as realized is the only intention that counts." was the correct answer because in the passage it literally states that the authors intention REALIZED intention is the only intention that counts. The explanation given by AAMC doesnt really make much sense to me.
In: Psychology
1. A mirror of focal length 22.4 cm creates an image with magnification -0.350. What is the image distance?
2. As light travels between media with different indices of refraction, which of the following wave properties changes: speed, frequency, wavelength?
In: Physics