Control contests slides--Time-Warner and Paramount-QVC (1)

Consider the following pre-merger information about firm X and firm Y: Firm X Firm Y $90,000 $52,200 46,800 36,000 Total earnings Shares outstanding Per-share values: Market Book $ 53 $ 21 $ 19 SASA $ 9 Assume that firm X acquires firm Y by paying cash for all the shares outstanding at a merger premium of $5 per share. Assuming that neither firm has any debt before or after the merger, construct the post-merger balance sheet for firm X assuming the use of purchase accounting methods.

Consider the following premerger information about Firm X and Firm Y: Firm X Firm Y Total earnings $ 40,000 $ 15,000 Shares outstanding 20,000 20,000 Per-share values: Market $ 49 $ 18 Book $ 20 $ 7 Assume that Firm X acquires Firm Y by paying cash for all the shares outstanding at a merger premium of $4 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?

EPS and merger terms Expanding Corporation is interested in acquiring Target Company by swapping 0.4 share of its stock for each share of Target's stock. Certain financial data on these companies are given in the following table.  Expanding Co. has sufficient authorized but unissued shares to carry out the proposed merger.   Item Expanding Co. Target Co. Earnings Available for common stock $200,000 $50,000 Number of shares of common stock outstanding 50,000 20,000 Earnings per share (EPS) $4.00 $2.50 Market price per share $50 $15 Price/earnings (P/E) ratio 12.5 6           How many new shares of stock will Expanding have to issue to make the proposed merger? If the earnings for each firm remain unchanged, what will the post merger earnings per share be?

Use the following information for the next two problems.            EPS and merger terms Expanding Corporation is interested in acquiring Target Company by swapping 0.4 share of its stock for each share of Target's stock. Expanding Co. has sufficient authorized but unissued shares to carry out the proposed merger. Certain financial data on these companies are given in the following table.   Item Expanding Co. Target Co. Earnings Available for common stock $200,000 $50,000 Number of shares of common stock outstanding 50,000 20,000 Earnings per share (EPS) $4.00 $2.50 Market price per share $50 $15 Price/earnings (P/E) ratio 12.5 6                         How many new shares of stock will Expanding have to issue to make the proposed merger? If the earnings for each firm remain unchanged, what will the post-merger earnings per share be?

EPS and merger terms Expanding Corporation is interested in acquiring Target Company by swapping 0.4 share of its stock for each share of Target's stock. Expanding Co. has sufficient authorized but unissued shares to carry out the proposed merger. Certain financial data on these companies are given in the following table.  Item Expanding Co. Target Co. Earnings Available for common stock $200,000 $50,000 Number of shares of common stock outstanding 50,000 20,000 Earnings per share (EPS) $4.00 $2.50 Market price per share $50 $15 Price/earnings (P/E) ratio 12.5 6 How many new shares of stock will Expanding have to issue to make the proposed merger? If the earnings for each firm remain unchanged, what will the postmerger earnings per share be?

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Chapter 2. 1.  On 12/31, Choco acquired all assets and liabilities of Cake by issuing 40,000 shares of its common stock when the market value (=fair value) is $32/share and this combination is a statutory merger (Cake was dissolved).  Choco has common stock with $15 par, 50,000 shares outstanding and Cake has $5 par, 60,000 shares outstanding   Choco Book Values Cake Book Values Cake Fair Values   Cash and Receivable 350,000 180,000 170,000   Inventories 250,000 100,000 150,000   Land 700,000 120,000 240,000   Building and equipment 600,000 600,000 900,000   Patented technology 100,000 0 60,000   Accounts payable 300,000 120,000 150,000   Long-term debt 0 400,000 350,000   Common stock 750,000 300,000     Additional paid in capital 500,000 60,000     Retained earnings 12/31 450,000 120,000     Revenues 350,000 160,000     Expenses 310,000…

Suppose the following information is related to legal merger: The combinor issued 10000 common shares with $10 par value and $20 FMV to acquire all the voting common stocks of combinee. The journal entries include O a. Credit to common stocks 100000 O b. Credit to stock investment 100000 O c. Debit to common stocks 100000 O d. Credit to stock investment 200000

1.Firm A is planning on merging with the Firm B. Firm A will pay Firm B’s stockholders the current value the of their stock plus one-half on the synergy, which is $120, in shares of firm A. Firm A currently has 4000 shares of stock outstanding at a market price of $21 a share. Firm B has shares outstanding at a price of $10 a share. What is the value of the merged firms? A.$96240 B.$88120 C.$96000 D.$84120 E.$92360 2.Which of the following not true regarding financial statement A.Group financial statement be produced by each subsidiary as well as the parent entity B.Profit must be separated between members of the parent company and that of minority interest C.Minority interest share of equity represents that ‘part of a subsidiary’s equity not allocated to members of the parent company. D.Group financial statements must be produced by the parent entity only. E.None of the options provided.

please answer within the format by providing formula the detailed workingPlease provide answer in text (Without image)Please provide answer in text (Without image)Please provide answer in text (Without image)

I need help with this assigment, in particular with the last of part C and part D

Loki, Inc. and​ Thor, Inc. have entered into a​ stock-swap merger agreement whereby Loki will pay a 39% premium over​ Thor's pre-merger price. If​ Thor's pre-merger price per share was $42 and​ Loki's was $51​, what exchange ratio will Loki need to​ offer? a. 1.42 shares of Loki for each share of Thor b. 0.72 shares of Loki for each share of Thor c. 0.86 shares of Loki for each share of Thor d. 1.14 shares of Loki for each share of Thor

am. 366.

Marla's Cafe is attempting to acquire the Victory Club. Certain financial data on these corporations are summarized in the following table. Item Marla's Cafe Victory Club Earnings available for common stock $45,000 $8,000 Numbers of shares of common stock outstanding $50,000 $7,000 Market price per share $16 $30 ​Marla's Cafe has sufficient authorized but unissued shares to carry out the proposed merger. If the ratio of exchange is 1.8​, what will be the earnings per share​ (EPS) based on the original shares of each​ firm?

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h. 2. What amount should be reported as básic EPS for 2021 Problem 19-16 (AICPA Adapted) 10 fo Strauch Company had one class of share capital outstanding and no other securities that are potentially convertible into ordinary shares. During 2021, 120,000 shares were outstanding. a. b. On April 1, 2022, 40,000 shares of treasury were sold, and on July 1, 2022, a 2-for-1 share split was issued. C. d. Net income was P6,000,000 in 2022 and P3,600,000 in 2021. Pr 1. What amount should be reported as basic EPS for 2022 Du 20 sh. in the 2022 comparative income statement? a. 25.00 b. 20.00 c. 18.75 d. 37.50 P3 pa WE in the 2022 comparative income statement? a. a. 30,00 b. 15.00 C. 45.00 d. 22.50 b. C. d. 602

Problem 1-26 (Algo) (LO 1-2, 1-4, 1-5) On December 31, 2022, Akron, Incorporated, purchased 5 percent of Zip Company's common shares on the open market in exchange for $15,650. On December 31, 2023, Akron, Incorporated, acquires an additional 25 percent of Zip Company's outstanding common stock for $96,000. During the next two years, the following information is available for Zip Company: Year 2022 2023 2024 Income $ 76,000 97,000 Dividends Declared $ 6,100 16,000 a1. Equity income a2. Investment in Zip account b1. Reported income b2. Investment in Zip account Common Stock Fair Value (12/31) $313,000 384,000 477,000 At December 31, 2023, Zip reports a net book value of $299,000. Akron attributed any excess of its 30 percent share of Zip's fair ove book value to its share of Zip's franchise agreements. The franchise agreements had a remaining life of 10 years at December 31, 2023. Required: a. Assume Akron applies the equity method to its Investment in Zip account: 1. What amount of…