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Just need the total assets combined Check my work mode : This shows what is correct or incorrect for the work you have completed so
Just need the total assets combined
Check my work mode : This shows what is correct or incorrect for the work you have completed so far. does not indicate Consider the following pre-merger information about Firm X and Firm Y: Firm X $87,000 35,000 Firm Y $11,000 12,000 Total earnings Shares outstanding Per-share values: Market Book $ $ 57 7 $ $ 19 3 Assume that Firm X acquires Firm Y by issuing debt for all the shares outstanding at a merger premium of $6 per share, and th neither firm has any debt before the merger. List the assets of the combined firm assuming the purchase accounting method is used. (Omit $ sign in your response.) Assets of Firm X $ 245000 Assets of Firm Y 228000 Goodwili 72000 Total Assets of the combined firm $ 545000Step by Step Solution
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