Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. value of former benn with a share of synergy gain

Value of former Benn with a share of synergy gain =25,800,000.Firm Amber's equity =85,324,000+20,800,000+25,000,000=131,124,000.Proportion of...

50.1K

Verified Solution

Question

Accounting

Value of former Benn with a share of synergy gain =25,800,000.Firm Amber's equity =85,324,000+20,800,000+25,000,000=131,124,000.Proportion of equity given up by Amber =25,800,000/131,124,000=0.1968.Proportion of merged firm shares held by former Benn stockholders = New sharesissued/(old shares + new shares issued)=0.1968.New shares =813,262.Total shares after merger =4,133,262.Price per share in merged firm =131,124,000/4,133,262=31.7241.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A dripping faucet wastes a cup of water if it drips for three minutes. the...

Algebra
Q

Let S ? R3 be the sphere of radius 1 centered on the origin. a) Prove that...

Basic Math
Q

Q. A hypothetical velocity field is given in Cartesian Coordinates by: V? = 4z^2t i ?...

Mechanical Engineering
Q

1.What do you feel the role of a counselor should be? 2. How can the counselor...

Psychology
Q

A weightlifter is using heavy weights in short bursts for a competition Because his muscle...

Biology
Q

9 In angiosperms fruits play an important role in seed dispersal Plant recognize different types...

Biology
Q

Operating leverage refers to the use of fixed costs to increase percentage changes in operating...

Accounting
Q

Jimmy Ltd owns all the issued shares of Clitheroe Ltd. The following intragroup transactions took...

Accounting
Q

question 2 now clear ...

Accounting
Q

Which of the following is a true statement concerning the home-office deduction? a. Self-employed taxpayers...

Accounting
Q

Exercise y-1u (Algo) riexibie buager [LUy-7] Lavage Rapide is a Canadian company that owns and...

Accounting
Q

Chang Corporation issued $6,000,000 of 9%, ten-year convertible bonds on July 1, 2017 at 96.1...

Accounting