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Can I pls get help with this mini case THE CHAPTER 29 Mergers, Bird BIRDIE Acquisitions and Divestitures After Inc., been GOLF 921 for several
Can I pls get help with this mini case
THE CHAPTER 29 Mergers, Bird BIRDIE Acquisitions and Divestitures After Inc., been GOLF 921 for several rounds in Hybrid Golf. negotiations, with panies believe Both the offer under discussion for past six months. facturing and a meer will have markets is a the of S352 Bryce marketing, as result in significant the golf club offer cash tiations. B financial as and the com- assuming has officer cant savings in s in manu- the the for Birdi general and administrative expenses. merger: merger takes place. following pro been instrumental merger nego- The financial financial statements for Hybrid Golf statements i synergistic benefits from Mini Case 2015 Sales 2016 2017 Production $512,000,000 $576,000,000 $640.000.000 $720.000.000 $800,000.000 Other costs 359,200,000 403.200,000 448,000,000 505,600,000 564.000.000 Depreciation EBIT expenses 48.000.000 5l 200,000 52,800,000 53,120,000 53,600,000 51,200,000 57,600,000 64.000.000 320.000 77 600.000 53,600,000 64,000,000 75,200,000 88.960.000 $104.800.000 12,160,000 4,080,000 15.360.000 16.000.000 17.280.000 Interest Taxable income 41,440,000 49.920,000 59,840,000 72,960,000 87,520,000 Taxes (40%) 16,576,000 19,968,000 23,936,000 29.184.000 35.008.000 Net income 24,864,000 29,952,000 35,904.000 43,776.000 52.512 000 also aware that the Hybrid Golf division will require investments each year for con- Bryce is tinuing operations, along with sources of financing. The following table outlines the required investments and sources of financing Step by Step Solution
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