Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Whinn Ltd is planning to merge with All Ltd. Under the merger one share in Whinn Ltd will be exchanged for every 2 shares in All Ltd. The new firm will be called Whinnall Ltd. As a result of the merger a reduction in costs in the amount of $95,000 is projected along with synergistic benefits resulting from the increased distribution network and market share. As a result of these improvements the P/E of the new firm is projected to be 35X.
Whinn Ltd
All Ltd
Total Earnings
$1,050,000
$525,000
Number of shares outstanding
250,000
150,000
EPS
$4.20
$3.50
P/E Ratio
20X
24X
Market Price per share
$84
Required - Calculate the expected market value of the merged firm and advise Whinn Ltd. whether they should go ahead with the merger, giving the reason for your recommendation.
Describe the purpose of government accounting and financial reporting. What types of funds are listed on the fund financial statements from the CAFR? How are the fund balances reported?
Purchases $812,000; Purchases Discounts, 8,000; Beginning Inventory, 21,000; Fright-In, $30,000; and Ending Inventory, $37,000. What WeCos cost of goods is?
Prepare journal entries to record the transactions and prepare adjusting entries on October 31 to record accrued interest.
Unrealized gain on available for sale debt securities 27,000. What amount should report as comprehensive income for the year ended December 31
Find What amount of investment revenue should be reported in Training Company's income statement for the year ended December 31, 2020?
Would you rather have a savings account that paid interest compounded on a monthly basis or one that is compounded interest on an annual basis?
Your company uses a standard costing system. At the beginning of the month, you budget to produce and sell 100 items. Actual units produced are 120. Standards for direct material are 4 lbs per unit at a standard price of $3 per pound. Actual material..
Planket acquired Spur Corporation's assets and liabilities for Rp 670.000 cash on December 31, 20X1. Give the entry that Planket made to record
Legal fee for title investigation and purchase contract - P25,000; Construction cost - P5,450,000. What amount should be recorded as the cost of the building
What are relevant accounts when auditing debt obligations, and what is the auditor's primary objective?-What are the relevant accounts related to stockholders' equity transactions?
When changing the basic EPS to the fully diluted EPS for convertible preferred stock? subtract preferred stock dividends in the numerator
Search a company (example as Google, facebook, Macy's and others) with a set of current financial statements and apply the ratios
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd