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erastova [34]
3 years ago
12

Cassandra's Boutique has 2,100 shares outstanding at a market price per share of $26. Sally's has 3,000 shares outstanding at a

market price of $41 a share. Neither firm has any debt. Sally's is acquiring Cassandra's for $58,000 in cash. The incremental value of the acquisition is $2,500. What is the value of Cassandra's Boutique to Sally's?
A. $26,000
B. $27,600
C. $57,100
D. $58,200
E. $60,500
Business
1 answer:
Schach [20]3 years ago
7 0

Answer:

E. $60,500

Explanation:

The value of Cassandra's Boutique to Sally's = Cash paid for the acquisition + Incremental cost = $58,000 + $2,500 =  $60,500

Therefore, the value of Cassandra's Boutique to Sally's is $60,500.

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SIZIF [17.4K]

Answer:

The correct answer is letter "B": They are both forms of free money that you will not need to pay back after you graduate.

Explanation:

One of the biggest benefits of grants and scholarships while financing your college expenses is the fact that the amount of money provided for school is not repaid. Compared to college loans that have high-interest rates, <em>there will not be a debt after finishing school</em> with grants and scholarships.

8 0
3 years ago
Which characteristic does Martin, a marketing manager, demonstrate in the following situation?
Lorico [155]

Answer:

Discrimination

Explanation:

1) diversity --- not diversity

2) discrimination --- possibly discrimination. Discriminating against other groups.

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4 0
3 years ago
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A: There is no age limit for disbursement of funds
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3 years ago
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Burning one gallon of gasoline in a car releases approximately 20 pounds of CO2 into the atmosphere. One average person drives 6
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Difference:

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