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Below find the average cost information for two companies Assets ($M) Average Cost (%) Company 1 250 15 Company 2 325 22 Company 3 350
Below find the average cost information for two companies | |||
Assets ($M) | Average Cost (%) | ||
Company 1 | 250 | 15 | |
Company 2 | 325 | 22 | |
Company 3 | 350 | 18 | |
Company 2 is looking to acquire Company 1 & 3 |
If Company 2 reduces its operating costs by $40M after the merger, what will the average cost of the new company be?
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