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9. Jessie's Just Deserts, Inc. manufacturers Zeppoles and other edible arrangements. The following information has been selected from their recent balance sheet. Cash $75.000 Marketable

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9. Jessie's Just Deserts, Inc. manufacturers Zeppoles and other edible arrangements. The following information has been selected from their recent balance sheet. Cash $75.000 Marketable securities 18,000 Accounts receivable 65,000 Inventories 75,000 Prepaid expenses 25,000 Total current liabilities 120,000 Total liabilities 250,000 Total stockholder's eq. 385,000 Using the above information, compute Jessie's Just Deserts quick assets and total current assets. Also compute the quick ratio, current ratio and the working capital. Round answer to 2 decimal places. 10. Rolltide, Inc. is looking to merge with LSU, Corp. Rolltide has offered $250 million for all of LSU, Corp. stock. Brandon Spinella, Rolltide's CFO believes LSU is worth $229 million as an independent operation. If the merger makes economic sense for Rolltide, what is the minimum estimated value of the synergistic benefit that Brandon would consider? 13. The basic legal procedure used to acquire another firm is a merger. Which of the following is not true regarding a merger a. The acquiring firm retains its identity and the acquired firm ceases to exist as a separate entity bA merger is legally simple and does not cost as much as some other forms of acquisition C. There is no need to transfer title to individual assets of the acquired firm to the acquiring firm d. Approval of by a vote of the stockholders of each firm is not required

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