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4

The Accretion / Dilution Calculation

Combine the two income statements, layer in the deal effects, and divide by the new share count.

Module checkpoint

3 questions · score 70% or higher to pass.

1.Net income is $300M at a 25% tax rate. Pre-tax income (EBT):
2.Pro forma net income is $3,250M on 650M shares. Pro forma EPS:
3.Accretion/(dilution) is computed as: