Sun Industries has 14 million shares outstanding, with a share price of $21 and earnings per share of $3. Sun

Sun Industries has 14 million shares outstanding, with a share price of $21 and earnings per share of $3. Sun

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Sun Industries has 14 million shares outstanding, with a share price of $21 and earnings per share of $3. Sun
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Sun Industries has 14 million shares outstanding, with a share price of $21 and earnings per share of $3. Sun Industries is considering acquiring Rock Networks. Rock Networks has 5.6 million shares outstanding, with a share price of $10.5 and earnings per share of $1.5, Sun Industries will pay for Roak Networks by issuing new shares. Sun Industries does not expect this transaction to bring synergies, and Sun Industries pays no premium to buy Rock Networks. 

The price-earnings ratio for Sun Industries after the merger will be closest to?

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To calculate the price earnings P E ratio for Sun Industries after the merger we nee
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