Procta Ltd is determined to report earnings per share of R9.5. It therefore acquires JJ&J Company. You are given the following facts   Proctas Ltd JJ&J Merged firm Earnings per share R6.50  R8  R9.50  Price per share R36  R21  ? Price-earnings ratio 18 7 ? Number of shares 50000 60000 ? Total earnings R325,000   R480,000   ? Total market value R5,850,000   R3,360,000   ?   Once again there are no gains from merging. In exchange for JJ&J shares,Proctas Ltd issues just enough of its own shares to ensure its R2.67 earnings per share objective. a. Complete the above table for the merged firm. c. What is the cost of the cash offer if proctas ltd paid R2500000 for JJ&J?

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.