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Adam Plc has acquired Bertil Co for 2,500.0. The acquisition is 100% financed with equity. Expected S&GA synergies are 75.0 each year, and applicable
Adam Plc has acquired Bertil Co for 2,500.0. The acquisition is 100% financed with equity. Expected S&GA synergies are 75.0 each year, and applicable tax rate is 28.0%. Using information below calculate the proforma Net Income for the combo. Adam Plc Bertil Co Sales 1,500.0 1,000.0 EBITDA 260.0 150.0 EBIT 220.0 100.0 Net income 130.0 50.0 Select one: 180.0 255.0 234.0 75.0
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Intermediate Accounting IFRS
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
3rd edition
1119372933, 978-1119372936
