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johnpaech johnpaech
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Posts: 1098
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6 years ago
Suppose that Bondi Inc. is a holding company that owns both Pizza Hut and Kentucky Fried Chicken Franchised Restaurants.  If the value of Bondi is $130 million, and the Pizza Hut Franchises are worth $70 million, then what is the value of the Kentucky Fried Chicken Franchises?
A) $60 million
B) $70 million
C) $130 million
D) Unable to determine with the information provided
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
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wrote...
6 years ago
A
Explanation:  A) value KFC = value of Bondi - value of Pizza Hut = 130 - 70 = $60 million
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