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mooncalled mooncalled
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7 months ago
Alberta Corp., with a book value of $40 million and a market value of $45 million, has merged with Ontario Corp., with a book value of $26 million and a market value of $28 million, at a price of $30 million. Under the acquisition method, what will be the total assets on the book of the new merged firm?


$70 million



$66 million



$88 million



$89 million

Textbook 
 Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
Authors:
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kewell_10kewell_10
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7 months ago
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mooncalled Author
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7 months ago
Thanks
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Yesterday
Thank you, thank you, thank you!
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2 hours ago
this is exactly what I needed
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