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The answer for Assets from X Assets from Y Total Assets XY Are wrong, please help Consider the following premerger information about Firm X and

The answer for

Assets from X

Assets from Y

Total Assets XY

Are wrong, please help
Consider the following premerger information about Firm X and Firm Y : Assume that Firm X acquires Firm Y by issuing long-term debt for all the shares outstanding at a merger premium of $5 per share, and that neither firm has any debt before the merger. List the assets of the combined firm assuming the purchase accounting method is used. Answer is complete but not entirely correct

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