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Romero s is being acquired by A Squad for $ 9 0 , 0 0 0 cash. The acquisition is being financed internally from retained

Romeros is being acquired by A Squad for $90,000 cash. The acquisition is being financed internally from retained earnings. Romeros currently has 3,000 shares of stock outstanding at a price of $24 per share. A Squad has 10,000 shares outstanding with a market value of $48 per share. The acquisition will create $4,000 of synergy. What is the value of A Squad after the acquisition?
Multiple Choice
$481,000
$423,000
$541,000
$506,000
$466,000

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