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Pedro Co. is planning to acquire the net assets of Seth Co. To compute price for acquisition Pedro Co. maid the following assumptions: FV assets:
Pedro Co. is planning to acquire the net assets of Seth Co. To compute price for acquisition Pedro Co. maid the following assumptions: FV assets: 18,400,000 JD, FV liabilities: 14,000,000 JD, future earnings 720,000 JD, ROA: 15%, discount rate 25%. Compute price for acquisition. Select one: : a. 4,520,000 O b. 4,560,000 O c. 4,600,000 O d. 4,640,000
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