15. Merger accounting (S32.5) Look again at Table 32.3. Suppose that T Corporations fixed assets are reexamined
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15. Merger accounting (S32.5) Look again at Table 32.3. Suppose that T Corporation’s fixed assets are reexamined and found to be worth $12 million instead of $9 million. How would this affect the AT Corporation’s balance sheet under purchase accounting? How would the value of AT Corporation change? Would your answer depend on whether the merger is taxable?
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Related Book For 
Principles Of Corporate Finance
ISBN: 9781264080946
14th Edition
Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans
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