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Consider the following premerger information about Firm X and Firm Y: Firm X $40,000 20,000...

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Accounting

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Consider the following premerger information about Firm X and Firm Y: Firm X $40,000 20,000 Firm Y $15,000 20,000 Total earnings Shares outstanding Per-share values: Market Book $49 $20 $18 $7 Assume that Firm X acquires Firm Y by paying cash for all the shares outstanding at a merger premium of $6 per share. Assuming that neither firm has any debt before or after the merger, what are the total assets of Firm X after the merger

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