Question 1 and 2

Part2:Analysis,AnswerAll.30% 1. Turner's has $3.8 million in net working capital. The firm has fixed assets book value of $48.6 million and a market value of $54.2 million. is buying Turner's for $61.5 million in cash. The acquisition will! the purchase a Sons will record on its balance sheet as a result Martin amp; Sons ccounting method. What is the amount of goodwill that Martin amp: of this acquisition? A. $O B. $3.5 million C. $6.6 million D. $7.2 million E. $9.1 million 2. New England Fisheries (NEF) has 18,000 shares outstanding at a market price per share of $14. Maryland Fish Markets (MFM) has 7,000 shares outstanding at a market price of $21 a share. Neither firm has any debt. MFM is acquiring NEF for $275,000 in cash. What is the merger premium per share? A. $1.43 B. $1.28 C. $.81 D. $1.04 E. $2.07