n The Lily Pad has 1,500 shares outstanding at a market price per share of $12. The Specialty Shop has 2,600 shares outstanding at a market price of $18 a share. Neither firm has any debt. The Specialty Shop is acquiring The Lily Pad for $20,000 in cash. The incremental value of the acquisition is $3,100. What is the value of The Lily Pad to The Specialty Shop? O a. $21,100 O b. $2,000 O c. $16,900 O d. $11,600 O e. $9,000

The Lily Pad has 1,500 shares outstanding at a market price per share of $12. The Specialty Shop has 2,600 shares outstanding at a market price of $18 a share. Neither firm has any debt. The Specialty Shop is acquiring The Lily Pad for $20,000 in cash. The incremental value of the acquisition is $3,100. What is the value of The Lily Pad to The Specialty Shop? a. $21,100 b. $2,000 c. $16,900 d. $11,600 e. $9,000 The Lily Pad has 1,500 shares outstanding at a market price per share of $12. The Specialty Shop has 2,600 shares outstanding at a market price of $18 a share. Neither firm has any debt. The Specialty Shop is acquiring The Lily Pad for $20,000 in cash. The incremental value of the acquisition is $3,100. What is the value of The Lily Pad to The Specialty Shop? a. $21,100 b. $2,000 c. $16,900 d. $11,600 e. $9,000