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Silver Enterprises has acquired All Gold Mining in a merger transaction. The following balance sheets represent the premerger book values for both firms: Silver
Silver Enterprises has acquired All Gold Mining in a merger transaction. The following balance sheets represent the premerger book values for both firms: Silver Enterprises Current assets Current $ 9,800 $ 7,120 liabilities Other assets Long-term 2,900 4.930 debt Net fixed 17100 Equity 17,750 assets Total $29,800 Total $29,800 All Gold Mining Current assets $2,760 Current liabilities $2,460 Other assets 1,240 Long-term debt 0 Net fixed 5,930 Equity 7,470 assets Total $9,930 Total $9.930
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